Whilst you can probably buy insurance for all types of risks, there are three main areas that you are likely to need cover for.
Professional Indemnity Insurance
As with accountants and solicitors, professional contractors and freelancers will provide advice and services which will be relied upon by their clients.
Even where care and skill is exercised, there is still the potential for you to make an error that causes financial loss to a client. Happily, such cases are rare but when they do occur they can be costly. Professional Indemnity Insurance can provide you with peace of mind for quite a modest fee.
Policies can be purchased from the below link and start from just £147.
Please note Qdos provide this insurance and freshwater cannot advise on these products.
freshwater will earn a commission of 5% on all policies (exc tax) except TLC35 where they would earn 7.5% by you purchasing from the below link.