Freelance insurance for Gigged.ai freelancers
As a freelancer or self-employed professional, you know that your business comes with its own unique set of risks. That’s why it’s important to consider specialist insurance solutions to protect yourself against unexpected events that could impact your business and financial well-being. Gigged.AI is excited to share a new partnership with Indeez and Markel Direct to offer specialist business insurance to freelancers, contractors, and self-employed professionals on the Gigged platform.
“We are really excited to bring this partnership between Indeez and Markel to the Gigged.Ai community.
The freelance community is growing at a tremendously fast rate. At Indeez, we believe making sure they are correctly protected when working with their clients is crucial”
Who are Markel Direct?
Markel Direct, an award-winning insurer with over 25 years of experience, offer tailored business insurance solutions that allow you to select only the covers you want to include in your policy, ensuring you only ever pay for the cover you need. You can get a quote from Markel Direct’s hassle-free website in just 90 seconds, and if you choose to proceed, they can provide instant cover with policy documents emailed to you immediately upon purchase.
“We are delighted to be partnering with Indeez and Gigged.Ai. It’s always great to work with a partner whose values align with our own and Indeez, like us, believes in empowering and protecting the self-employed community through industry-leading insurance products and business services they can rely on. Through Gigged.Ai’s sophisticated platform, we can help to support more of the freelance community”
Why do freelancers need business insurance?
So why do you need freelance insurance? Specialist freelance insurance is designed to protect you against the unexpected. While freelance insurance policies are not a legal requirement, some clients may stipulate in your contract that you need to hold specific insurance policies, typically professional indemnity and public liability insurance, before beginning work. Choosing to insure with Indeez and Markel Direct can provide you with peace of mind, knowing that your business is protected against potential risks and liabilities. Freelance insurance policies can include:
Professional indemnity insurance
Professional indemnity insurance, which protects you against allegations of mistakes you make when providing professional services, advice, or designs to your client. For example, if a project overruns due to a mistake you made during the planning stages, your client could claim against you for the costs they have incurred because of the delay.
Public liability insurance
Public liability insurance protects you against allegations of injuring someone at work or causing damage to third-party property. For example, if you were meeting up with a client at their offices and you accidentally knock a cup of tea on your client’s laptop and it breaks, they could request that you cover the cost of a replacement. In this scenario, public liability insurance can cover the cost of compensating the client.
Employers’ liability insurance
If you have an employee, even if they’re part-time or hired on a short-term basis, holding employers’ liability insurance with a minimum of £5 million cover is a legal requirement. If an employee suffers an injury or illness because of their employment with you, they could make a compensation claim against you. For example, if an employee trips over a computer cable at your premises and breaks their arm, they could claim against you for failing to provide a safe working environment.
Portable equipment insurance
Portable equipment insurance can protect your valuable kit against theft or accidental damage anywhere in the world. As a freelancer, you likely rely on devices such as a laptop, phone, and other equipment to carry out your job. If while on your way to visit a client you accidentally leave your laptop behind on a train and it’s stolen, portable equipment insurance can cover the cost of getting a replacement.
Protecting the freelance community
The partnership between Gigged.AI, Indeez, and Markel Direct represents a significant milestone for our freelance community. With the introduction of specialist freelance insurance tailored to meet the needs of self-employed professionals and freelancers, the Gigged.AI community can enjoy peace of mind, knowing that they are protected against unforeseen circumstances that could impact their business. Furthermore, the partnership underscores the commitment of these companies to give back to the freelance community by offering affordable and hassle-free insurance options. As such, this partnership is a win-win for freelancers looking for quality insurance coverage, and for companies that recognise the importance of supporting the gig economy.