No matter how well-intended, giving advice to clients can sometimes lead to missteps. Accidents in the workplace, theft of equipment, or mistakes on a project could prove costly for your business. That’s why our insurance plans for consultants and advisors are designed to provide you with peace of mind should anything unexpected happen.
Even expert consultants face risks every day – ranging from small incidents such as needing to replace a laptop to bigger ones like an indemnity claim. So it’s important to start by understanding what you and your client need regarding adequate coverage – usually the minimum amount of professional indemnity insurance – and then adjust accordingly.
You may be confident in the quality of your work, but professional indemnity insurance is still essential if you’re providing services that could potentially be contested in a legal context.