Is it a legal requirement to have insurance when you are self employed? - contractor insurance requirements
I am pleased with a contract as an independent contractor to sign, and one of the concerns I have liability insurance. Is this a legal requirement?
Wednesday, January 6, 2010
Contractor Insurance Requirements Is It A Legal Requirement To Have Insurance When You Are Self Employed?
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11 comments:
There is no legal requirement to have insurance, if - auto-with the exception of the liability of the employer, if you (or hire someone with their operators Ltd. -) except in certain circumstances.
However, a person who enters into a contract with you, may require that you have insurance, so they know that if something goes wrong, then they are reimbursed for their negligence. When you are asked whether you want the contract then you are obligated to buy insurance - which are perfectly free to try to an agreement that they would not accept an insurance policy or negotiate away.
I do not know the profession, but the liability insurance for most entrepreneurs, a person is usually very cheap (\\ \\ \\ \\ \\ \\ \\ \\ u0026lt, 100 pounds) - if you heat / equipment use, top risk, etc .
If you secure work as a subcontractor in May by the prime contractor for the public policy of liability insurance to ensure that all contractors in an liability insurance.
Maybe not, but usually a requirement of business and is smart.
YES, it ...
when someone in an accident on a job, and you havent got ins, a broken leg will cost several thousand .. Can not have?
I'm not sure that this is required by law. But all I've been offered a self-employed jobs in recent years is required. No insurance then without a contract.
There is a statutory requirement for public accountability - but would be very stupid if it does not. However, if a person working for you, directly or indirectly, to the extent they are legally responsible for them - it is a legal requirement that employers (the responsibility for it and you do not get that without having LP for you and your employee / s).
Depends on what you are committed to do, is not it?
May or not be a legal obligation, but if it is, the contract is a contractual obligation to award the contract you agree to the terms and conditions acceptable.
Yes, you must
Most states require a contractor license, insurance and liability (if employees) insurance, workers' compensation.
Well, I do not think its legal system, but how smart is that you can afford absent from work due to an accident?
I want to get the insurance,
Yes, you can not help it.
That is likely. Most states require licensed contractors, both civil liability and workers' pay compensation. Expiry of the policy is grounds for suspension of his license. (You should know that if you are a licensed contractor.)
If you sign a contract and acceptance of this clause, then you have legally agreed to conclude. Most contracts require the wall of the boiler or proof of insurance before signing or before starting work, and requires that the insurance will be maintained in effect throughout the contract period (not just one days, and cancellation policy the next day.)
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