Self Employed Insurance

If you are self employed, then you need fail-safe insurance coverage that will protect you from all kinds of financial as well as health hazards. There are different types of insurance plans available for freelancers, and finding the best out of them can be a nerve-racking task.

To make things easy for you, we have compiled a list of important self-employed insurance plans that every entrepreneur should have in his portfolio.

Employer’s liability insurance - This insurance policy protects you from all kinds of liabilities that arise when an employee gets injured, contracts an infection, or dies while working in your organization.

Public liability insurance - It is a kind of insurance plan that covers the expenses that arise when a non-employee get injured or dies with your premises due to the negligence of the business you own.

Commercial vehicle insurance - If your business owns and uses one or many vehicles, then commercial vehicle insurance is one of the most important self employed insurance plans. It will provide you protection against liability arising from accident of the vehicle that your organization owns.

Premise insurance - Premise or property insurance protects the building and all the contents, equipments, appliances and materials stocked in the physical property against loss from fire, flood, robbery, and other disasters, both natural and man-made.

Professional indemnity insurance - This is yet another weighty self employment insurance plan that safeguards you from legal liabilities that come to the fore when due to your negligence the customer gets injured or loses his money.

Medical and health insurance - As the head of your organization, you have to safeguard the health and well being of your employees. For this reason, self employed medical insurance and self employed health insurance is essential. It will protect you from the financial losses arising from accident or illness of your employees.