Contractors struggling for health insurance medical history disregarded?please read

[DJones1985]

wds

[Paralytic]

I am looking to set-up a LTD company and looking to see if I can find a minimum of 14 other contractors who will be interested. If so I will set-up the LTD company and then essentially set the policy up with AXA and get the money of each contractor and pay AXA.

Have you spoken to AXA about such a setup? Even if you somehow managed to get this set up, I can guarantee that such a sham company would result in claims being refused.

But i'll sign up if you promise to pay me minimum wage.

[Mordac]

This is one of the options I've been considering - Google will help you find more, I can assure you:
https://www.simplybusiness.co.uk/ins...lth-insurance/

It's a lot less than you've been quoted, and it makes sense to take out a policy designed for the self-employed, rather than one which obviously isn't.

[northernladuk]

I have got a quote from them for a LTD company with 15 employees

I am looking to set-up a LTD company and looking to see if I can find a minimum of 14 other contractors who will be interested. If so I will set-up the LTD company and then essentially set the policy up with AXA and get the money of each contractor and pay AXA.
.

Surely you see the problem here don't you? And you do understand the responsibilities a company has that has employees? You understand insurance providers tolerance in scam set ups that by pass their risk policies or to defraud them?

One of the dumbest ideas I've seen on here for awhile.

[cojak]

Yep, I couldn’t see how it would get past the insurance assessors.

[northernladuk]

This isn't PSCONT again is it?

[NotAllThere]

This isn't PSCONT again is it?

Probably not. But thanks for the heads up. Please remember other idiots are available. An infinite supply it seems.

[Whorty]

If it's all the same, I think I'll pass on the offer to join in this attempt at insurance fraud, thanks.

[saptastic]

If you are struggling with the market and quotes shop around rather than set up a Limited Company

No words.

https://www.contractoruk.com/insuran...cal_cover.html - contact Drewberry, they are a broker so can advise on multiple products

Or try WPA