Business consultants have an important job and to ensure you are successful, you need to be properly protected. Due to the nature of your work, professional liability insurance is one of the most important coverages to have. Having it will help keep you protected in the professional services you provide. To help companies achieve their business goals, consultants work hard for their clients. Unfortunately, clients may become dissatisfied with their consultant’s performance during the process and resulting lawsuits may result. InsureWise can help you get the right coverage.
Professional Liability Insurance AKA Errors & Omissions
In order to help cover claims of the examples listed below, professional liability insurance, also called errors and omissions insurance is essential.
– Inaccurate advice
Who Needs Business Consulting Insurance?
You and your business’ assets can be at risk without professional liability insurance for consultants. If your services as a business consultant include, among similar services, offering managerial advice, maintaining confidential information, and/or recommending financial plans and investment strategies; you should consider a small business insurance policy. Those that should call InsureWise for insurance consultants include:
– Expense savings
– Economic research
– Corporate training
– Career coaching
– Public relations and crisis management
– Organization structure
– Market research
– Human resource
– Business communications
– Business and management
– Business and leadership coaching
Business Consulting Insurance
Those this is the prime insurance you need, there are additional coverages you may need to include in your policy. Such examples include worker’s comp if you hire employees, general liability insurance, business owners policy, commercial auto if you need to drive to clients, and other such coverage. Call InsureWise today and we will help you navigate through the various coverages and tailor a policy specifically to fit your business consulting needs. We are here to help you decide what is optimal for your small business!