As a consultant, your clients expect the advice you provide to be reliable. The stakes can be high, and if you get it wrong, so can be the cost of settling any legal claims of negligence.
But mistakes can happen even to the most diligent contractor, so taking out consultants insurance can be a wise business investment.
Professional indemnity insurance for consultants covers the legal costs and expenses that can rise from claims of negligence or poor advice from a client.
But professional indemnity insurance (also known as PI) isn’t only about covering your business in the event of a mishap. It can also be a way to help a business grow – a goal for consultants as much as any other small business.
Many clients will even ask you to provide proof of PI before they’ll agree to work with you, particularly if they’re a local authority or a larger company. So taking out the right policy could help to take your business to the next level.
Direct Line for Business’ Professional Indemnity Insurance for Consultants is a good fit for many management consultants, including members of the Institute of Consulting and the Management Consultancies Association.
With some of the most likely IT claims covered, including system security breaches, installation failures and human error, our Professional Indemnity Insurance for Consultants is well suited to those working in computer programming, IT consultancy, software engineering and software consultancy sectors.
Our Professional Indemnity Insurance for Consultants also meets the requirements of the major professional bodies for HR and training consultants, including the Recruitment and Employment Confederation and the Chartered Institute of Personnel and Development (CIPD).
In addition to management, IT and HR/training consultants, our Professional Indemnity policies are designed to cover consultants across a wide range of others as well, including:
If your profession isn’t on this list, that doesn’t mean we can’t insure you. Call us on 0345 878 5555 to find out if we can cover you.
Visit this page to learn more about how our professional indemnity insurance works and how it can cover you and your consultancy business.
Any business that offers a professional service, gives advice or handles a client’s data or intellectual property may need professional indemnity insurance to cover the work that they do.
We provide cover for a range of professions, including:
Don't see your profession here? We may still be able to cover you. Give us a call on 0345 878 5555