Accident insurance for self employed?

Joules2015

Hi, I'm a self employed administrator and largely work from my clients premises. One of my clients has no employers liability insurance and says that I must have my own. I can find insurance for income protection and critical illness, but nothing that covers me for an accident on my client's premises, can anyone advise please? Many thanks.

ACG

Income protection pays out if you are unable to work due to accident or illness. As far as I am aware there is no stipulation on where you must or must not be if you have an accident.

One thing you may find is that with income protection you have to choose a deferred period before it pays out, typically 1 week upwards. The shorter it is, the higher the premiums.

Zorillo

Google 'Personal Accident Insurance'

SonOf

Personal Accident Protection has perfect initials. PAP. That is exactly what it is... a load of PAP.

There is no legal requirement for any company to tell contractors or anyone else to take out PAP.

Are you sure they meant PAP and not some liability insurance instead?

Zorillo

Son of is right, I thought I was answering the question the OP asked but on reflection Public Liability insurance would fit the circumstances described better. Google that instead.

Joules2015

I've asked my client and he's checked with his insurance company and according to them, self-employed workers are not covered under public liability insurance. 

Joules2015

Can anyone recommend any good personal accident policies, please? Thank you.

Joules2015

ACG said:

Income protection pays out if you are unable to work due to accident or illness. As far as I am aware there is no stipulation on where you must or must not be if you have an accident.

One thing you may find is that with income protection you have to choose a deferred period before it pays out, typically 1 week upwards. The shorter it is, the higher the premiums.

Hi ACG, I only seem to be able to find income protection insurance that pays out for a limited number of years, do you know of any policies that pay out long term? Many thanks.

SonOf

Joules2015 said:

Can anyone recommend any good personal accident policies, please? Thank you.

Your comments flit between Personal accident protection and liability insurance.  Two very different things.   PAP covers you for things like loss of a limb.  It wont cover you for falling over, breaking a leg and being off work for 6 weeks.    If you are self employed, you normally go for a liability insurance for when you carry your out your trade in other peoples property.

Income protection is a third type of policy (or 3rd and 4th if you include PPI as well as the PHI types).    The 1-2 year versions are mostly PPI types using income protection as a marketing name as not many people would be PPI nowadays.   Proper income protection goes until an end age (typically retirement).   However, it has no form of indemnity with it.

Hence why you need to clarify what type of insurance is needed.

ACG

Joules2015 said:

ACG said:

Income protection pays out if you are unable to work due to accident or illness. As far as I am aware there is no stipulation on where you must or must not be if you have an accident.

One thing you may find is that with income protection you have to choose a deferred period before it pays out, typically 1 week upwards. The shorter it is, the higher the premiums.

Hi ACG, I only seem to be able to find income protection insurance that pays out for a limited number of years, do you know of any policies that pay out long term? Many thanks.

Have a look for Permanent Health Insurance - it is the proper name for long term income protection. You generally need to buy it via a broker or in a bank (although banks are typically a lot more expensive), I think there are a couple of online brokers though, but I have no first hand experience with them.