Our specialist business consultant policies have been specifically designed to cover business consultants from the risks they face on a daily basis. When you advise businesses regularly, accidental mistakes can and do happen.
Professional Indemnity Insurance is a very important factor when it comes to protecting your business. As a business consultant your areas of expertise can be contrasted. You may be offering advice on complex business matters or just general housekeeping, but as time goes on you are more than likely going to stumble upon a dissatisfied customer. These unhappy customers could make a claim against you whether they are in the right or not. It is a good idea to have something to fall back on and have your legal defences covered and any damages you have to cover, paid for.
When running a business it is important that you cover yourself from all angles. Not only will a policy cover you for your own mistakes, but can cover you for mistakes that employees make too, this means that you could be liable for the outcomes for all claims made against your business.
As claiming on insurance and passing the blame to someone else is becoming more and more popular, there is no time like the present to get yourself protected. If a client was to suffer a financial loss and has been working with or alongside you, it is more than likely that they will make a claim against you whether it was your fault or not. The financial setbacks of a claim when you are not insured are horrific. You have to pay the entire cost of the court fees, compensation pay outs and on top of that try to pick yourself back up. You are not only financially damaged but building your reputation back up after a hit is also difficult.
We have built a bespoke system that enables you to get an instant online quote from multiple insurers in minutes. All you need to do is fill out our short form that tells us more about your line of work and based on your answers we will provide you with an instant quote. To save your time we do not ask any personal questions until you choose to go ahead and purchase cover. You are able to select different levels of indemnity and we will instantly recalculate your quote when you select a different level.
Once you have gone through the payment section, you will be instantly covered. If you would like any help or advice on your Business Consultants Insurance, please feel free to get in contact with one of our brokers who would be more than happy to help.