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Contractor Life Insurance - Get quotes with CAUK

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By Contractor Advice UKPublished 3 years ago 3 min read

If you are a contractor or freelancer in the UK, there is a good chance that, at some point, you have considered getting relevant life insurance for contractors.

But what does this mean? And how can you get it?

In this article we will explain what relevant life insurance for contractors is and how it works.

What is relevant life insurance for contractors?

Relevant life insurance for contractors is a type of death and dismemberment (D&D) insurance that pays out on a claim if the insured person dies or experiences an accident while working for someone else. It covers the body of a deceased employee and also provides cover for any damage to property owned by the employer. This can include workplace equipment and tools as well as any vehicles or equipment used by your employer while they are on business with you.

Who cannot buy relevant life insurance for contractors?

There are some groups who are ineligible to purchase this type of cover:

- The spouse or civil partner of the employee (if married at the time of death) - whether employed by the same company or not; - The children under the age of 18; - Any other family members

If you are a contractor or freelancer in the UK, there is a good chance that, at some point, you have considered getting relevant life insurance for contractors. This is because it can be difficult to get a policy when you're self-employed and don't want to pay too much in premiums. However, if you want to make sure that your family is cared for if something were to happen to you while working on a project, then this type of insurance is essential.

What Is Relevant Life Insurance For Contractors?

Relevant life insurance for contractors includes two types of policies:

1) A business owner's policy that covers the business assets of an individual who operates a company which provides goods or services (such as cleaning services). This type of policy will typically include business interruption cover as well as loss of income from the company's assets

2) A personal accident insurance policy that covers death and dismemberment at work (for example due to an accident at work or on site). This type of policy will typically include accidental death cover too

If you are a contractor or freelancer in the UK, there is a good chance that, at some point, you have considered getting relevant life insurance for contractors. Everyone knows that they need to take care of themselves when they are working on projects, and many people also know that they need to take care of their family if they are ever to be able to retire comfortably.

Unfortunately, there are many different types of insurance policies available to contractors who work on projects in the UK. The most common type of policy is an accidental death or dismemberment (AD&D) policy which pays out for the loss of income caused by death or disability due to an accident. However, many contractors do not know about other types of policies available from companies like us and end up paying more than necessary for coverage that doesn't provide them with what they need.

The following information will help you understand how relevant life insurance for contractors can save you money and provide you with the coverage you need without costing too much money.

If you're a contractor or freelancer in the UK, there's a good chance that, at some point, you have considered getting relevant life insurance for contractors.

But what are the options? Is there really such a thing as 'relevant' life insurance for contractors? And if so, what should you consider when choosing your policy?

The answer is: yes and no. There are a few types of policies out there designed specifically for contractors, but there is no one-size-fits-all solution. It's important to weigh the pros and cons of each type of policy before deciding which option works best for your needs.

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Contractor Advice UK

One of the best sites for free advice for UK contractors, freelancers and small business

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