Blog: Bona fide sub contractors – a hard sell? – Insurance Age

Using approved subcontractors makes it possible for a company to bring in specialist expertise where it is needed with the added benefit of no extra costs for fixed salary or pension administration and fees.

In addition, a BFSC pays its own taxes and has its own employers, public and liability insurance in place.

Shouldn’t this in theory mean lower premiums for the main contractor compared to the alternative that the insured employs additional employees or subcontractors who only work with?

That’s the theory, and

Only users who have a paid subscription or are part of a corporate subscription can print or copy content.

To access these options, along with any other subscription benefits, please contact [email protected].

You are not currently able to copy this content. please contact [email protected] to find out more.

Leave a Comment