Tailored Insurance for Management Consultants
As a management consultant, there is no such thing as 9-5 in your work day – when your clients leave the office, your day is just starting.
You probably love the rewarding satisfaction of helping your clients succeed and grow their business, but even with all the valuable work you do, sometimes all it takes is one unhappy client, or someone falling over while visiting your office to turn your world upside down.
If you operate your own management consulting practice, there are a few types of insurance you may need to protect your business. In our opinion, the most basic form of insurance required is Professional Indemnity Insurance. This can protect you and your business if a client alleged your services or advice caused them financial loss. In addition to Professional Indemnity Insurance, management consultants may also need other forms of cover. If your work involves dealing with any members of the public, you might also need Public Liability Insurance. Business Insurance is also a good option if you operate out of a physical business premises. If you use the internet for any part of your work, or store any client data, you may be susceptible to cyber threats so Cyber Insurance might also be of interest to you.