professional indemnity insurance for Business Consultants
Why do you need professional indemnity insurance for consultants?
Business consultants provide specialist services that come with a risk of being held to account for a client’s financial loss, should negligent advice be given or inadequate service supplied.
If your business is held responsible for delivering inadequate advice or services that cause a client to lose money, professional indemnity insurance for business consultants will offer protection for any compensation payable to the claimant, and any legal costs incurred defending the claim.
Having professional indemnity insurance in place to deal with these claims is essential to protect your business and reassure your clients.
Risk management for business consultants
In addition to providing professional indemnity insurance for business consultants should your business be liable for any compensation payable to your client, our services also include risk management support; we can help mitigate day to day risks. At Marsh Commercial, our dedicated in-house claims team will guide you through the process step by step to find the right resolution.
What can professional indemnity insurance for consultants do for you?
We understand the insurance requirements of business consultants, whatever your area of expertise:
- Management consultants.
- Recruitment consultants.
- Health and safety consultants.
As well as offering different levels of cover, our professional indemnity for consultants solution offers the following additional benefits:
- Automatic renewal facility (subject to criteria).
- Capped excess.
- Free tax advice helpline for you and on behalf of your clients.
- Interest-free instalment facility.
- Dedicated claims team.
- Free 24-hour legal and counselling advice helplines for all partners.