Introduction

Information Resource for Contractors, Consultants & Freelancers
Financial Services & Products

As a contractor you will need to buy various financial services & products at some point in your career. Not every company understands the ins & outs of the contracting life style.

To help you to be able to access the full range of services available, we have compiled a directory of financial service suppliers that understand and welcome contractors.

If you're unsure as to which ones are best for contractors, check out the Contractor Financial Services Chart - based on feedback of other contractors who have experienced their services.

Contractor Pensions

One day you will need a pension. It doesn't matter how old you are, you should start making plans right away. The earlier you start your pension the less your monthly contribution will be.

Contractor Insurances

There are a variety of insurances that you could take out, as a contractor. Some are mandatory, others are optional. Make sure you know what cover is available.

Contractor Banking

If you've decided to contract through your own limited company, you will need a business bank account. There are plenty available, and you shouldn't automatically just go with the same bank you have your personal account with.

Contractor Mortgages

It may be the case that you will want a mortgage/re-mortgage during the time you are contracting. Some high street lenders don't really understand what a professional contractor is, and may refuse you a loan. See how you can overcome this ignorance.

Contractor Life Assurance

If you have dependents, it's a good idea to make provision for any untimely misfortune that may come your way. For the best deals you need a supplier or broker that welcomes contractors.

Contractor Critical Illness

You could have an accident or be involved in a situation that is not of your making. Either way you'll want to maintain your current standard of living. Here's how you can do this.

Contractor Private Medical Cover

If you're not out contracting you don't get paid. This is why it's so important to pre-prepare, and get yourself cover, so that if you do fall ill you can get better as quickly as possible - and as comfortably as possible.

Contractor Income Protection

As a contractor you don't have much support around you, unlike a permanent employee. Prepare for the predicament where you have no income through no fault of your own.

Contractor Investments

It's always a good idea to make your money work for you. Because your income may fluctuate over a period of time, you want to pick an investment opportunity that appreciates this factor.