Q: I am self employed and wanted to know if I will be covered under the payment protection insurance policy.
A: If you are self-employed then you are eligible for payment protection insurance cover. However your ability to claim on the unemployment part is restricted, it would be on a cease to trade basis.
The payment protection insurance policy wording states ” If You are Self-Employed and You are making an Unemployment claim, You must provide proof that:
You have involuntarily ceased trading and declared this to HM Revenue & Customs. You will be required to supply a copy of this notification to Us”
Full payment protection insurance policy wording and a quick quote facility are available at www.britishinsurance.com.
If we can be of further assistance please do not hesitate to contact us again either by email or on 08450 175 178.