Contractor Financials

With the New Year now firmly underway it’s time to shrug off those January blues and plan for what’s sure to be another eventful year If the last 4 very dramatic years on Planet Contractor have shown us anything it’s that, as a Freelancer, it is vital to plan ahead so that you’re ready to …

Almost half of all parents have no life cover according to a recent survey by Nationwide Building Society, a shocking statistic given the impact that the death of a parent can have on a family. The good news is that new parents can benefit from £10k free life cover for a year if you apply …

As the Contractor specialist IFA we were chosen by an insurer to help launch a unique policy to the UK market which now means that if you contract through a One Man Ltd company then you can fund individual life insurance through the business without income tax considerations. This allows you to benefit from the …

Bright Grey recently reported that 39% of the adult population have no insurance. This shocking statistic means millions of households are at risk of falling behind with their mortgages and ultimately, repossession… As Independent Financial Advisers, we always aim to offer our Contractor clients an all round approach to their finances and as such, when …

Whilst many Contractors are aware of the need to protect dependents by taking out a life insurance, many are taking out level term policies which may not be suitable… Whilst leaving your dependents with an insurance policy that pays out if you die is an admirable legacy, it can be difficult for them to handle …

A leading insurance provider is predicting that your lifestyle could begin to have an increasing impact on your protection premiums. Traditionally, protection policies are priced based on a number of health questions, with the emphasis on determining the risk of death from health related factors such as diabetes, heart attack and cancer. However, with the …

As a Contractor, you may not have replaced your lost ‘death in service’ benefits that you used to benefit from as a ‘permi’. But when you become a parent the safety net that this cover provides becomes vital to protect your children if the worst should happen. With this in mind, we can now offer …

One Man Ltd company Contractors can fund life insurance through the business and, for the first time, have no income tax or benefit in kind considerations of any kind. It may also be possible to have this payment treated as a business expense. A ground breaking new product allows you to protect your dependents in …

With all the benefits and freedom that come from being a Contractor you also take complete responsibility for your own financial stability. We have bought you articles in the past advising on the income protection and critical illness cover available to replace the sick pay that permanent employees enjoy. But if even worse should happen …

In uncertain times it is important not to tempt fate by putting off essential protection for you and your family. ContractorFinancials urges Contractors to reconsider their protection needs and make sure that your family and your lifestyle are protected against a loss of income due to accident, illness or death. Contractor Income Protection Income protection …