Do I need insurance if I contract under another company?

Since COVID, a few things have changed within the Australian workforce. Firstly, people have realised the realistic capabilities of working from home. Second, we tend to take sick days more seriously. It used to be “Oh you have a cold? Suck it up and keep working!”. Now it is, “Oh you have a cold? Stay away Demon! Don’t you dare get me sick!”. And third? More people are recognising the benefits (and downfalls) of being a contractor, instead of a full-time employee.

One of the unexpected hurdles that many forget is you are responsible for your own insurance, and the costs associated with that!

As a registered employee, the employer will generally cover all insurances. However, as a contractor, you are a separate trading entity that is legally liable for its own accidents or damage.

As a contractor, you are responsible for protecting yourself against future claims and injuries. Even though you may be under the instruction of someone else, they will not and do not have to be held liable for your actions.

What does this mean?

In general terms, it means depending on your industry, you may need several insurance policies in place before you even step on site. You need to ensure you are fully and adequately covered before taking instructions from someone else, or risk financial heartache in the future!

If you’re not sure if you are fully covered in your line of work, or worried there may be a gap in protection, get in touch with us today!

Secure a free quote now by giving us a call!