Consultants' insurance

‘Protect your business’ isn’t just good advice, it’s common sense.

Insurance for consultants is a quick, easy and cost-effective way to do just that. Here’s where to start:

The good thing about giving advice is you’ll never be definitive or make promises. Even so, mistakes and misunderstandings can lead to unhappy clients, and unhappy clients want someone to blame. If that happens, professional indemnity insurance for consultants steps in to fight your corner, pay your legal costs and compensate those unhappy clients.

Consultants’ public liability insurance pays if someone’s injured or their property’s damaged because of an accident that’s your fault. Ideal for going out and about, and for when people come to see you.

And if you do go out and about, portable equipment insurance is a consultant’s must-have. Your tech equipment can be replaced, but doing so after something’s damaged, lost or stolen is expensive and inconvenient. Insuring it is quicker, cheaper and easier and means you can still complete projects or hit deadlines.

Cyber and data insurance for consultants covers the consequences of a hack or data breach. If you use email, store customer data electronically or run your own website, you’re a cybercrime target. Investigating what’s gone wrong, fixing it and reassuring your clients all’s well are expensive, specialist areas your policy pays for.

Personal accident insurance could be a lifesaver for consultants. Serious injuries or illnesses mean you can’t work, and that spells financial hardship and lost clients. This insurance pays to keep your business working and it covers your medical bills too.