Food industry consultants have expert knowledge in a variety of fields and use this knowledge to advise clients across different industries. They can work with snack food producers, seafood wholesalers, restaurants, patisseries, school cafeterias and more. They provide advice that allows food industry professionals to improve their operations and can even give advice to people looking to invest in the food industry.
Why food consultants need professional liability insurance
Food industry professionals offer expert advice that can include:
- How to market products
- How to optimise food system management
- Rebranding a business
- Cost-cutting measures
- Advertising strategies
- Food handling compliance
Even the most meticulous food industry consultant may make a mistake or give their clients bad advice, which can lead to a claim being made against them. Equally as bad, a disgruntled customer might make a claim against a Food Industry Consultant who turns out to be innocent.
Innocent or not, defending a claim is costly and takes time. Professional liability Insurance gives Food Industry Consultants financial protection covering legal costs and claim support.
What does professional liability insurance for food consultants cover?
Also known as E&O, or Errors and Omissions insurance, Professional Liability insurance will protect your business against claims of negligence, misrepresentation or mistakes. The most common Professional Liability claims are used to defend against clients who allege that your services, products or employees have caused financial damage. Not only is litigation expensive, but it can also be incredibly damaging to your reputation, even if you are found to be innocent. That is why it is a great idea to consider taking out Professional Liability insurance.
Coverage will be provided for:
- Attorney fees and other legal expenses
- Costs and expenses related to a settlement
- Costs and expenses related to a judgment