Contractor Insurance Program
Finally…
Affordable LIABILITY Insurance for Independent Contractors!
One of the biggest barriers to becoming an Independent Contractor and enjoying the rewards of contracting is the potential for liability, both professional and personal. If you want to protect your business and your personal assets in the event that things don’t go as planned, you need to have the right kind of insurance.
It’s always tempting to forego this expense on the assumption that unexpected surprises can be kept at bay. You have to ask yourself whether that is a chance worth taking. After all, there is a real risk that you can be ruined financially as a result of a single mishap. Because of the risks involved many clients will insist that the contractor is insured, and many contractors will pass up opportunities because they cannot afford the expense of insurance coverage.
Until now it has been very difficult to find a provider with reasonable rates. Eagle is pleased to announce a solution to the cost versus benefit dilemma. Eagle has partnered with LMS PROLINK to offer independent contractors Commercial General Liability and Errors and Omissions insurance coverage for $17 per month*. You will never have to turn down another contract because of insurance again!
Commercial General Liability (CGL) insurance is important coverage that every business should purchase. It protects your business against claims for bodily injury, property damage, personal injury, libel, and slander.
Errors and Omissions coverage essentially protects you from lawsuits which may arise from mistakes you may make as an IT professional. We all make them, but the consequences can be so profound in our industry!
When combined these two policies give you the protection which you need to protect your business and your family. As an Independent Contractor you are eligible for coverage at this rate while you are on contract through Eagle.** One more reason Eagle is the staffing company of choice for so many contractors.
The program is administered by LMS PROLINK Ltd and is optional. The Insurers on the program include Continental, Temple, and Lloyds. LMS PROLINK Ltd has teamed up with ENCON Underwriting Group to make this possible.
While we strongly encourage you to protect yourself - the choice is yours nonetheless. Remember, you can’t get coverage after the fact! For more information or to view additional services, visit www.lms.ca/eagle or email us at NESST@eagleonline.com.
To Enroll
Simply send an email to NESST@eagleonline.com with your name and incorporated company name and request immediate Liability protection for $17/month. Eagle will deduct $17 each month (or any portion thereof) and remit 100% to LMS PROLINK Ltd.
* The program provides Errors and Omissions as well as Comprehensive General Liability each with a limit of $2,000,000. Today in Canada, it will cost an Independent Contractor about $3,450 (CIPS Program discounted rate) for similar coverage and limits.
**The Eagle Contractor Insurance policy will not cover you for work done independently or on behalf of any other staffing company.
