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A contractor insurance waiver form is used by companies or employers that utilize independent contractors. Independent contractors are typically not eligible for benefits, such as health insurance, through the client they are working for. This waiver form will be used to ensure that the contractor knows they are responsible for their own insurance benefits.
Typically, this form includes a statement that says the contractor will not seek legal action against the client due to physical illness, damages, or other issues arising during the service period. The contractor must agree with the provided statement and sign the form to show their consent. The date should also be provided. This form should be kept in the records of both parties in case a legal dispute arises during the work period or after the services have been completed.
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