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A Professional Liability insurance policy is critical for those who are in the business of providing advice and instruction to others. A Professional Liability policy will protect you as a consultant, coach or training professional against damages related to your services, actions or recommendations.
The policy covers employees and independent contractors from allegations of negligence, failure to perform, inaccuracy, bad advice and other common risks associated with the services they provide.
For example, if a business consultant or career coach is accused of giving bad advice that results in economic damage to a customer, the policy is intended to cover defense costs and resulting damages that he/she may incur.back to top
Professionals working as consultants, coaches or training professionals are often required to have a solid General Liability policy in place before they can start an engagement with a customer. It is the most basic form of business insurance that any business or individual should consider.
General Liability protects against allegations of bodily injury or property damage and covers related medical costs if someone (who is not an employee) gets hurt. It also covers allegations of advertising injury and personal injury such as libel, slander, defamation, etc.
Professionals who work closely with other people may sooner or later face minor (or major) accidents that are unplanned and potentially costly. That is why General Liability is an important building block to protecting your business assets.back to top
A Business Owner’s Policy (BOP) is a convenient and affordable way for consultants, coaches and trainers to combine General Liability (above) with coverage for their business property (computers, equipment, etc.), non-owned business auto liability, business interruption protection, and more.
A Business Owner’s Policy (BOP) is an easy and efficient way for you to protect your business assets against many of the most common liabilities and unplanned events experienced by professionals in your industryback to top