rewardsme business insurance was born to give the freelancer, the contractor and the business owner, the best business insurance and truly reward them for loyalty.

We do this by building in discounts to our professional indemnity policies – and the longer you stay with us, the better the premium gets (up to a maximum of 5 years’ discount on our professional indemnity policy)

But we don’t stop there. With cash back and extra perks, our business insurance gives you more even if you never use it.

We’re industry veterans who have been in the financial services space for many years. We’re part of Kingsbridge Risk Solutions Limited, which is owned by NSM Insurance Group, one the world’s leading specialty insurance providers.

We’re trying to make business insurance fun when it’s known to be anything but…. but we’re not messing about when it comes to protecting you and your business.

That’s because we’re made up with people like you. We’ve been self-employed and know what it’s like to be your own boss. With decades of experience in the contractor insurance space, we also know what sole traders, freelancers and contractors need.

All of our insurance products are underwritten by FUL who are A-rated – so if you need to make a claim, you’re in safe hands. We’re FCA regulated – our name, address and status can be checked on the FCA’s website at www.fca.org.uk/register or by phoning 0800 111 6768.

You can contact us by using our live chat service or choosing an option from our contact page.

Legal Expenses insurance provides cover to protect your business in the event of legal action. Tax, VAT, NIC investigation, Jury Service, Debt recovery and Contract disputes are included.

Short answer
IR35 Investigations, Legal Expenses for Tax, VAT, PAYE and NIC investigations, Contract Disputes, Jury Cover, Debt Recovery, Identity Theft, Personal Injury.

The long(er) answer
The policy covers professional fees incurred to defend HMRC enquiries, such as VAT, PAYE, or NIC.
Legal defence and other professional fees up to £100,000 are covered if you are subjected to an IR35 enquiry by HMRC under the off-payroll working rules.

Short answer
We think legal expenses cover is well worth considering.

Long(er) answer
There is no legal requirement to have it, but legal expenses could protect you where other insurance products don’t.

From £74.50 a year (£6.21 a month).

Short answer
Pre-existing issues are excluded.

The long(er) answer
Our legal expenses insurance have a number of exclusions, including divorce, separation and family law, wills, probate or trust(s).

Short answer
IR35 is a UK tax regulation that determines the tax liability of a person working as contractors or freelancers and insurance can help protect you against investigation.

The long(er) answer
IR35 is the common term for the more official sounding “off-payroll working rules”.

Initially introduced in 2000, IR35 assesses whether a contractor is genuinely working as a contractor, rather than as a “disguised employee”.  In the latter case, contractors disguised as employees were paying less tax…so you can imagine what the government thought about that.

From 6 April 2021, the responsibility for determining whether IR35 rules apply lands at the door of the end-user client, but many contractors still have the responsibility and liability for IR35 under Chapter 8 ITEPA 2003 (the original IR35 legislation).

So, being protected against often (very) expensive fees to defend your tax position, and insured if you lose in a court case with the HMRC, means IR35 cover is well worth considering.

Short answer
If you are contractor, it’s highly likely.

The long(er) answer
Yes, if you are a contractor that provide services to a client through an intermediary, or a client or agency provides/receives services from a worker through an intermediary.

Legal expenses and IR35 cover starts from £199.50 a year (£16.63 a month).