Essential Insurance for Independent Contractors

Independent Contractors enjoy the luxury of working for themselves and depending on their contracts, are sometimes able to set their own fees, working hours holidays and conditions. But the independent lifestyle does come with some responsibilities and risks which, if not managed properly, could lead to serious legal and financial issues.

In this article, we look at the importance of medical insurance and offer advice for partnering with the right insurer from the start.

Why Private Medical Insurance?

As a contractor you have the opportunity to increase your earning capacity. The downside to this is that when you are hurt or ill, your earning grinds to a halt – every day that you aren’t working is a day’s income lost to you.

Instead of enduring costly delays caused by NHS waiting lists, rather look to a reliable, quality private medical insurance company. An affordable monthly fee will allow you to leapfrog waiting lists, ensuring that you receive the very best, most comfortable treatment and get back to work with the least amount of delay possible – essentially saving you money in the long run.

How to Choose Your Insurer

It’s vital that you find the right insurer from the start so that you avoid any future problems. Choose a reputable company with a longstanding record and offering the most benefits to you.

Look out for the following:

  • Has the company been in business for more than 10 years?
  • Is it a not-for-profit company? This usually means the emphasis is on keeping customers happy – not shareholders.
  • Is treatment limited to a handful of Doctors and hospitals or can you be treated where you want to be treated?
  • Is there a compulsory excess charge?
  • Is there a maximum annual cover limit?
  • Is there a maximum age limit?
  • Are there penalties for claiming?

Asking all the right questions upfront will ensure that you are not disappointed when the time comes to take advantage of your cover.

1st Contact’s Choice in Private Medical Insurance

1st Contact has team up with Western Provident Association (WPA), a leading not-for-profit UK Health Insurer, to offer preferential rates and excellent service to its contractors.

WPA offers a full range of both Private Medical Insurance and Cash and Dental plan policies, ranging from the basic ‘Essentials’  offering to ‘Premier’ and ‘Elite’ plans.

Their heritage spans more than 100 years and they have a solid reputation for reliable and highly efficient service. Some of the many benefits include 24/7 online claims processing, no penalties for claiming; no age limit, no annual cover limit and no compulsory excess. WPA insurance covers all UK hospitals and consultants and pay them directly, on your behalf. Another great benefit is that WPA normally give a 20% discount, but as a 1st Contact contractor you could enjoy an additional 10% discount and save even further.

Don’t Delay – Secure Your Income

A small monthly outlay could make a huge difference later on down the line. So don’t delay this essential insurance for independent contractors.

Visit or call 020 3384 3805 for more information or medical insurance advice.