Professional Liability insurance covers your consulting business if you’re ever sued for performing professional services, even if you haven’t done anything wrong. Get a quote and buy insurance online in under five minutes.
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We've partnered with Gallagher, one of Canada's leading insurance brokers, to provide insurance designed for businesses and business professionals. Get professional liability, general liability, and/or contents insurance designed specifically for your profession.
Consultants have the difficult task of improving their clients’ businesses. Clients expect a lot from their consultant partners, and trust them with bringing success to their business. Marketing consultants are expected to build and guide a company’s public perception and reputation.
If severing ties with their consultant partners isn’t enough, a company could take it further and pursue legal action. It’s in those circumstances that having the right kind of insurance is critical to the business of a consultant. The right insurance policy will protect a consultant from legal fees, court costs, and any settlement or judgement fees related to the charges.
A Commercial General Liability policy will respond when a business or its owner is sued because someone was injured or somebody’s property was damaged. It doesn’t matter if the claim is true, the policy will cover legal expenses and any award granted.
Professional Liability insurance — also known as Errors & Omissions insurance (E&O) — is usually triggered when a business or business owner is accused of failing to properly render professional services, or that they were acting negligently.
Contents insurance is designed to protect the business’ equipment. That can include computers, stock, equipment and anything else the business and employees use to do their job. It kicks in when any of that equipment is damaged in a flood, fire, or other insured peril, or if it’s stolen.
What types of risks does my small business face as a business consultant?
As a consultant you’re providing advice and counsel, and sometimes there’s an error or omission in the work you perform leading to a lawsuit. Having consultants insurance protects you from dealing with these liability insurance costs, as well as the cost of a lawsuit, even if you’re not at fault. If you have an office or leased premises you’re also exposed to the risk of slips and falls on site. If there’s a fire, flood, burst pipe or other peril it can damage your office equipment, furnishings, and cause business to have a financial loss while including additional expenses to relocate while the damage is being fixed.
How is insurance priced for consultants?
The cost of your insurance as a consultant depends on many factors which are addressed in the application. These can include revenue, limits of insurance selected, deductible selected, size of your consulting business and claims history. Use our platform to get a quote in under five minutes.
What kinds of consultants need insurance?
Here is a list of every type of consultant we provide insurance coverage to. If you don’t see your specific consultant class in the list, get in touch with us, or select ‘other’ when filling out the application and we’ll be sure to get you the right kind of coverage.
Access Consultants | Acoustic Consultants | Business and Management Consultants | Business Analysts | Business Process Re-Engineering Consultants | Career Advisors | Change Management Consultants | Company Developers and Planners | Compliance Coordinators | Compliance Consultants | Conference Managers and Organizers | Document Preparers | Resume Consultants | Data Analysts | Education Consultants | Employment Consultants | Employee Benefit Consultants | Export Consultants | Feng Shui Consultant | Fundraising Consultants | Higher Education Consultants | Horticultural Consultants | Hotel and Catering Consultants | Human Resources Consultants | Image Consultants | Language Consultants | Life/Career/Executive Coaches | Logistics Consultants | Management Consultants | Management Training | Marketing and Advertising Consultant | Market Researcher | Occupational Health Consultant | Operations Consultant | Personnel Consultant | Public Relations Consultant | Research Consultant | Relocation Consultant | Sales/Marketing Consultant | Telecommunications Consultant | Tourism Consultant | Training Consultant | Transportation Consultant
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Payments are easy, monthly, and manageable