Could freelancers save millions on their liability insurance?

There are some two million freelancers in the UK, most find themselves out of work from time to time. Many spend £15 or more a month on their business insurance but often won't need it all year around.

15 million wasted on unneeded insurance

Based on 1 month out of work in a year, that’s £15,000,000 that could be saved if freelancers could freeze their business insurance when not needed.

This article in Business Mondays looks at how Suited insurance and in particular our professional indemnity hibernation feature helps to reduce the burden of being out of work for freelancers and small business.