{"id":11786,"date":"2019-11-14T13:24:00","date_gmt":"2019-11-14T13:24:00","guid":{"rendered":"https:\/\/www.policybee.co.uk\/blog\/?p=11786"},"modified":"2022-08-02T15:30:26","modified_gmt":"2022-08-02T14:30:26","slug":"hr-consultants-insurance","status":"publish","type":"post","link":"https:\/\/www.policybee.co.uk\/blog\/hr-consultants-insurance","title":{"rendered":"Why HR consultant insurance is the resource you really need"},"content":{"rendered":"
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\"HR<\/figure>\n<\/div>\n\n\n

As an HR consultant, you’re a people person: getting the best out of the workforce, finding solutions, and making sure no rules and regs red lines are crossed.<\/p>\n\n\n\n

But while you’re busy looking after everyone else, who’s looking after you? If you haven’t yet filled the role, HR consultant insurance<\/a> makes for the perfect candidate.<\/p>\n\n\n\n

That’s because HR is sometimes a tricky thing to get right \u2013 even for professionals like you. And that leaves you open to accusations that you didn’t do your job properly.<\/p>\n\n\n\n

Think about it. There are the shifting sands of employment law to contend with. Staff recruitment and training, with their complicated contracts and lengthy Ts&Cs. Plus there’s your client’s data and confidentiality to protect, as well as unexpected issues like missed targets and extra costs.<\/p>\n\n\n\n

Still, don’t think you need HR consultant insurance as back-up? Read on.<\/p>\n\n\n\n

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Things just got personnel<\/strong><\/h2>\n\n\n\n

HR projects, big or small, one-off or ongoing, can involve large sums of money. Overall, there’s a lot to get right. And a lot to get wrong.<\/p>\n\n\n\n

If your client doesn’t see proof of promised returns or is fined by an employment tribunal<\/a> because you advised them incorrectly, it’s likely they’ll file a claim against you, arguing you’ve cost them money.<\/p>\n\n\n\n

This is what we insurance people call a breach of your duty of care<\/a>.<\/p>\n\n\n\n

Even if you’re sure you haven’t done anything wrong, you can still be dragged into a dispute. It’s an inconvenient truth that some clients are all-too demanding \u2013 and very quick to point the finger of blame.<\/p>\n\n\n\n

In such situations, the result can be a stiffly worded solicitor’s letter that can’t be ignored. At the very least you’ll have to defend yourself. Worse, if a court deems you’re liable, you’ll have to compensate your client for their loss too.<\/p>\n\n\n\n

All this spells financial \u2013 and reputational \u2013 trouble for your business.<\/p>\n\n\n\n

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How can HR consultant insurance help?<\/strong><\/h2>\n\n\n\n

The main thing to remember here is that you’re not on your own. If there’s an accusation you made a mistake that’s impacted your client financially, professional indemnity (PI) insurance<\/a> has your back.<\/p>\n\n\n\n

It’s always a good idea to check the specific wording, but any HR consultant professional indemnity insurance policy worth its salt should cover you for:<\/p>\n\n\n\n