As a consultant, you know the value of expertise. Your clients trust you to guide them towards success through keen strategy and better business practices.
But no matter how good you are at your job, mistakes can happen. If your client acts upon advice that you’ve given them, and ends up losing money or suffering reputational damage in the process, they could hold you responsible. So, it’s important to cover yourself against allegations of negligence.
Protecting your business against legal costs from claims made against you isn’t the only thing you have to keep in mind. When you’re consulting, you’re often out of the office. So, insuring expensive equipment like your phone and laptop is important. If your smart phone gets damaged or stolen, you’ll need to be able to replace it so that you don’t miss any opportunities to connect with existing or potential clients.
Back at the office, you have additional assets to consider. If your building is affected by fire, flood or theft, having the right cover in place means you won’t have to worry about finding the funds needed to replace items or secure a new workspace, reducing the disruption to your workflow.
There’s a lot to think about when considering what to include in your insurance policy and only you know what’s right for your company. At Direct Line for Business, we put you in control of your policy. You can use our online tool to select the different types of cover you need.
There are many different types of business insurance and you need to make sure you’ve got the cover that’s right for you. Add any of the following cover options to your Consultants’ Insurance to create a policy that precisely fits your needs. These covers are subject to policy conditions and limits.