PROFESSIONAL CONSULTANTS
Whether you’re a web or graphic designer, software and hardware consultant, marketing consultant, multimedia consultant, recruitment or HR consultant, you are likely to encounter an unhappy customer or even a claim at some point, regardless of your hard work.
And further to this, size doesn’t matter. A sole trader, contractor, consultant or freelance professional can be susceptible to a claim.
Professional Indemnity insurance for consultants covers claims made by clients if your professional advice or recommendations causes financial loss to a third party.
Professional Indemnity insurance may help cover the below aspects, but is not limited to - settlements judgements, investigation costs and defence costs in relation to claims made against a business.
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Breach of duty
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Breach of privacy or confidentiality
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Intellectual property infringement
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Defamation
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Lost or damaged documents
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Reputation repair
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Claims investigation costs
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Negligence