Professional Indemnity Insurance for Contractors

SJD Accountancy is proud to work with Hiscox and offer our clients a 15% discount when they purchase a business insurance product through Hiscox.

Prices start from just £25 a month (plus insurance premium tax), for terms and conditions visit

Whether you are a contractor or freelancer working from home or a client’s site we are sure our partner Hiscox has a range of products you can tailor to suit your needs. Organising cover couldn't be easier; you can get quotes, purchase cover and receive policy certificates via email.

Professional indemnity insurance meets the cost of defending claims and damages payable should a client suffer financial loss due to any negligent act, error or omission by a contractor. For example if you're a contractor developing software and as a result of your actions there is a delay to its delivery, it is highly likely your client will demand considerable compensation from you. Professional indemnity could cover the cost of such a claim.

Contractors and Freelancers - Do you need Professional Indemnity Insurance?

Working for yourself carries certain obligations and responsibilities. You may need professional indemnity insurance if you:

  • provide expertise, skills or advice to clients
  • have access to clients’ confidential information
  • produce materials that could cause offence or infringe intellectual property rights
  • provide a professional service and could be challenged on your work.

You may feel confident in the quality of your work, but any contractor or freelance business is vulnerable to a claim of negligence when professional advice or services fail to meet a client’s expectations and cause financial loss.

Why choose Hiscox Professional Indemnity Insurance?

  • Select from a range of cover levels to get the protection your business needs.
  • They offer a range of industry-specific policies to suit the risks you face in your particular profession.
  • With no administration fees contractors and freelancers can amend their professional indemnity insurance policies as their business circumstances change.
  • And if you want the peace of mind that your professional indemnity policy will provide cover for similar work undertaken in the past, Hiscox can offer you retrospective cover as well.
  • Hiscox have been named Best Small Business Insurer for eight years running (Source: Start Your Business Magazine)

Professional indemnity insurance quotes are available online or by phone, on 0800 2800 358 or visit

You can pay for your policy annually or by interest-free monthly Direct Debit installments.

You might also find the following insurance pages helpful:

SJD Accountancy is a trading name of SJD Accountancy Ltd. SJD Accountancy Ltd is an Introducer Appointed Representative of Hiscox Underwriting Limited which is authorised and regulated by the Financial Conduct Authority. For UK businesses only.

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SJD Accountancy

SJD Accountancy are the UK's largest specialist provider of fixed fee, Limited company accountancy services to contractors; we've been acting for contractors across the UK since 1992 and have more than 15,000 clients.

We are the only national specialist firm of contractor accountants with offices nationwide. SJD Accountancy has more qualified staff than any other firm in our market with qualifications from the following major tax and accountancy bodies - ATT, AAT, CTA, ACCA, CA, ACA and FCCA.

  • Unlimited face to face meetings. This is a unique service only SJD Accountancy offers - unlimited face to face meetings across the UK - tax is complicated and sometimes only a meeting will do.
  • UK's largest contractor accountants with more qualified staff. No call centres, no outsourcing, no automated call handling. Simply telephone, email or meet your own dedicated accountant face to face.
  • Our Customer Promise. Respond to any question sent to your accountant or any dedicated department within 24 hours.  If we need more time, we will update you as soon as we can and we promise to keep you informed of the progress we are making in answering your question.
  • Outstanding reputation. We have won more awards for customer service and accountancy excellence than any other firm in our market, including: Best Accountant for Contractors, Accountant of the Year and Best Professional Service Team to name just a few.
  • All inclusive low cost fixed fee accountancy package which includes completion of accounts*, payroll bureau, dividends and corporation tax computations, personal taxation, free bookkeeping software, your own dedicated accountant* and all company returns for a fixed fee starting from £120 plus VAT per month. Check our packages for more detail.

If you have any questions about contracting or would like any further advice please call our new business team on 01442 275789 or email: Our new business team is open Monday to Thursday (8am to 8pm), Friday (8am to 7pm) and Saturday (10am to 4pm)

Appoint SJD Accountancy and never worry about your tax or accountancy affairs again.

Form your own limited company with SJD - our same day online company formation service includes company bank account set up, VAT/PAYE registration and advice on optimum share structure. 

You may also find the following pages, guides and case studies useful:

*If you would like us to complete your company year end accounts we simply ask that you have been a client of SJD for one year or have made 12 monthly payments. All accountants are part or fully qualified.