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Insurance for Management Consultant

... might face in their daily business Managing the potential risks that you may encounter as a management consultant well before they arise is a smart business move. By having the right business insurance coverages ...

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The Average Consultants' Salary and How to Earn More

Consulting work may seem like a very glamorous profession. Jetting from coast-to-coast for client meetings, business dinners, and hotel room stays. However, at the end ... For example, the typical compensation package for a Management Consultant is around $105,964 per year (PayScale, ... layer of defense for your consulting firm. E & O Liability Insurance is appropriate for lawsuits that arise ...

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What Is Consultants Liability Insurance?

In 2017, American consultants produced around $63.2 Billion ... and the robust salaries consultants earn. Being a consultant basically means getting ... securing liability insurance. Professional Liability (E&O) Insurance for Consultants Defined Professional liability insurance is also known as Errors & Omissions (E&O) Insurance. E&O insurance is there to provide ...

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Business Consulting vs. Management Consulting: What Is the Difference?

... solutions to clients. The best consultants have a niche area of ... organizations. While business consulting and management consulting sound broad ... objectives. A management consultant helps companies improve their work culture. Management consultants may work with ... against you. Also known as Errors and Omissions (E&O) insurance, this type of policy protects your ...

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How Much Does Consultant Liability Insurance Cost?

You have an advanced degree and years of experience. You enjoy having a flexible schedule and meeting new challenges each day. Your clients are pleased with your consulting ... avoid future lawsuits. Be sure to develop a risk management plan for your business. In fact, the insurance ... Being a consultant means you may benefit from both a General Liability policy and a Professional (E&O) Liability ...

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Insurance for Consultants

... Business Consultants Compliance Consultants Management Consultants Marketing Consultants Research Consultants Training Professionals And many more ... "Professional Liability Insurance (aka E&O insurance ...

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Insurance for Food Consultants

... management Rebranding a business Cost-cutting measures Advertising strategies Food handling compliance Even the most meticulous food industry consultant ... insurance for food consultants cover? Also known as E&O, or Errors ...

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Environmental Consultant Insurance

Professional Liability Insurance (aka E&O insurance) for Environmental Consultant As an environmental consultant, you are the point person ... reimbursement extension Reputation management reimbursement extension Broad ...

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What You Need to Know About the Cost of Engineer Professional Liability Insurance

Savvy budgeting and careful consideration of any new expenses are must-haves for any business owner who wants to expand and grow her company. However, every business ... If your firm is sued due to a professional wrongdoing, the E&O policy will cover the cost to defend you in court as ... two factors go hand in hand as the more consultants you employ that larger your overall sales are. ...

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Insurance for Events, Planning & Organization

... Personal Assistant /Concierge Professional Organizer Travel Agents Wedding Consultants Wedding Insurance And many more... Professional Liability Insurance (aka E&O insurance) - Events, Planning & OrganizationIf you ...

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How Much Does Pilates Instructor Liability Insurance Cost?

You have paid for your Pilates business with hours of sweat equity. Your dream of teaching the amazing benefits of Pilates movement is now a reality. The small Pilates ... your profession can be. For example, an IT consultant that makes a programming error during their client's ... from both a general liability policy and a professional (E&O) liability policy. As we discussed, the average ...

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How Much Money Will You Make as a Management Consultant?

... in the professional services industry. Management consultants [] ... Glassdoor. 2019. San Francisco management consultant salary. [ONLINE] Available at: https://www.glassdoor.co.in/Salaries/san-francisco-management-consultant-salary-SRCH_IL.0,13_IM759_KO14,35.htm . [Accessed 3 September ...

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What Do Management Consultants Do? - Duties and Responsibilities

A Management Consultant is a problem solver- that ... this job involves. As a Management Consultant, you are responsible for addressing ... ... a basic, very general idea of what you may be doing daily. The day usually starts with the management consultant checking emails or messages to know what has been happening at work and what needs to be followed upon ...

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Do Notaries Public Need E&O Insurance to Operate in Texas

... the state. They also require E&O insurance. These are to safeguard ... ... to be signed with the state. They also require E&O insurance . These are to safeguard against human error that ... client or for the notary, are highly recommended E&O Insurance in Texas The most careful of notaries ...

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Do Notaries Public Need E&O Insurance to Operate in California?

... the state, they also require e&o insurance. Surety Bonds The state ... ... be secured with the state, they also require e&o insurance . Surety Bonds The state of California requires ... you'll need it. What Losses are Covered by E&O Insurance? The errors and omission insurance cover the ...

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Errors & Omissions (E&O) Insurance

... impact the cost of your E&O&Insurance policy:claims historygeographic locationindustrylength in businessrevenue sizethe size of your deductiblethe amount of coverage desiredrisk management proceeduresClick here to get ...

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Errors and Omissions (E&O) insurance for real estate agents and realtors

The real estate business can be a highly litigious one due to the significant sums of money involved (for most people, the purchase of a house or apartment will be the ... frequently at a level that could threaten to bankrupt the realtor or broker. This is where Errors and Omissions (E&O) insurance * comes in. Should you, as a real estate professional, have to face such a lawsuit, your ...

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Why real estate agents need Errors and Omissions (E&O) insurance?

Real estate can offer highly satisfying employment and the rewards for successful estate agents are significant. Nevertheless, even the best agent can make a mistake ... to have professional liability insurance coverage in place in the form of Errors and Omissions (E&O) insurance. Errors and Omissions insurance* can protect professional service providers from potentially devastating ...

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Errors and Omissions (E&O) Insurance in Hawaii Explained

Errors and Omissions insurance* can protect professional service providers from potentially devastating financial damages resulting from alleged negligence or error ... to cover a claim that has already been made against you, Errors and Omissions policies do have retroactive dates, i.e., you can be covered against action brought against you for errors prior to the date of purchasing the ...

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Top causes of Errors and Omissions (E&O) lawsuits

If you work in any business providing services to clients or businesses, Errors and Omissions insurance* might be a must-have policy. Also known as Professional Liability ... work didn’t meet the generally accepted standards in your sector) through to allegations of breach of contract (i.e., you failed adequately or at all to provide the services for which you were contracted). In order to be ...

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Top 20 Consulting Blogs and Websites for All Types of Consultants

... many, keeping young and talented consultants from the success that they ... do? Soliciting advice from experienced consultants could be one smart ... can help you deal with them. 1. Consultant’s Mind | Management Consultant’s Blog From students to veteran consultants, the Consultant's Mind blog has advice for consultants in every stage of their careers. The blog ...

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What Makes a Good Consultant? Top Qualities of a Successful Consultant

... the degree and skills, good consultants also have certain characteristics that ... with experience and over time. Consultants have to fill in various ... have a Bachelor's or certification in certain areas such as Business Analytics, Business Management, Finance or Marketing. Attention to detail: Consultants have to work with a lot of numbers, and the success of that ...

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Why Do Consultants Need Liability Insurance?

You've earned an MBA from an eminent university. You've worked for a decade in the C-Suite of a prestigious international consulting firm. Your co-workers often encourage ... insurance is recommended if you provide professional services for a fee, such as consultants, accountants, and lawyers. Professional (E&O) liability insurance is meant to protect you if a client files a liability lawsuit ...

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What Types of Consultants are In Demand - 14 Highest Paid Consultancy Jobs

If you've ever considered consultancy as a career, you may have wondered about the types of consultancy jobs and what the best option may be for you. Consultancy, much ... involves using financial instruments to understand and manage a company's risks. Financial risk management consultants deal with market risk, credit risk, operational risk, inflation risk, and other such factors ...

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Construction Management Insurance

... Liability Insurance (aka E&O insurance) for Construction Management As a construction manager your profession is held in high regard and you are considered an expert in construction management. From reviewing design ...

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Project Management Insurance

Professional Liability Insurance (aka E&O insurance) for Project Manager As a project manager, you are the point person ... and problems start to arise. Project Management Insurance provides the following standard coverages: ...

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What You Need to Know To Become A Business Consultant

Do you want to pursue a career helping others hone their skills and achieve success in their own startups? Do you have a passion for guiding people towards success in ... what different kinds of opportunities you can have in this arena. Types of business consultants: Management consultants: You will give the business owner insight into his marketplace, educate him about best ...

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Insurance for project management

... many more Professional Liability Insurance (aka E&O insurance) Project Managers A Professional Liability ... Liability policy helps protect you as a Project Management professional against damages related to your services, ...

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8 Small Business Management Tips for Success

Managing a small business can be challenging. Small business owners are often involved in every area of their business, from everyday tasks to big picture decisions ... advertising, social media, emails, the press, and other channels. Learn to let go Small business owners must be time management experts. However, there are only so many hours in the day and you may not be able to do ...

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Why Insurance for Consultants is a 'No Brainer'

As a small business owner, you are entrepreneurial by nature and open to taking personal risks that have the potential to result in long-term financial gain. This is ... be the recipient of bad favor, this is a small price to pay. Consider these recent examples: A computer consultant was retained by a company in order to update its inventory control software. Installation of the new ...

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Top 20 Consulting Book for Absolute Beginners

Management and Other Consulting Books for New Consultants This list ... of consulting and management books ... yourself as a successful consultant ... Models: The 60+ Models Every Manager Needs to Know As a beginner consultant who wants to go places, you can't afford to miss reading Key Management Models. With an in-depth exploration of risk-reward analysis and the ...

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Do You Need a Certificate or License to Start a Consulting Business?

Becoming a consultant can be a great way ... lucrative career. What does a consultant do? Consultants provide expert advice, opinions ... ... known as E&O insurance, protects your business against claims of negligence, misrepresentation or mistake, as well as document or paperwork errors. This may be the most important coverage for consultants to consider ...

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4 Risks Every Small Business Should Be Aware Of

... 't hold you back. Risk management starts with understanding the types ... ... hazards so they don't hold you back. Risk management starts with understanding the types of risks you may ... policy (also known as Errors and Omissions or E&O insurance) is an essential policy that protects you and ...

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Business Insurance Guidelines for Start Ups

As a start up business owner, you know how hectic and exciting the early stages of building a new company can be. With all of the other time consuming tasks on your ... road bumps ahead. If your product harms someone (e.g. E&O /Product Liability), or if your product damages someone's ... Do you want to attract and retain employees? Management Liability: Do you have investors? 1. ...

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What is Pilates Instructor Liability Insurance?

Teaching powerhouse core moves to clients are very satisfying. You enjoy showing elderly neighbours and young college students alike how to alleviate chronic pain and ... advice or training. You need E&O insurance if you provide professional services for a fee, just the same as electricians, real estate agents, accountants, insurance agents, and consultants do to their clients. Lawsuits ...

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Errors and Omissions Insurance Florida

... and advice that could lead to a liability lawsuit. Attorneys, accountants, consultants and dozens of other Florida business owners keep E&O Insurance in their portfolio as a way to safeguard their reputation, business ...

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Why Do You Need Errors and Omissions Insurance for Your Florida Firm?

As the owner of a growing business in Florida, you know that safeguarding your business reputation is of paramount importance. You make sure that you handpick the most ... cover those. What is not covered by your Florida E &O plan? Keep in mind that if your employee had ... architects, nursing care providers, financial advice consultants, real estate agents, business accountants, ...

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Insurance for Technology Services

... Consultants SAAS Providers Software Developers Technology Companies Technology Firms Technology Startups Web Developers And many more ... Professional Liability Insurance (aka E&O ... E&O ...

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Engineer Liability Insurance

... Engineers Also known as Errors and Omissions insurance (E&O), Professional Liability insurance is designed to protect engineers ... proceedings reimbursement extension Reputation management reimbursement extension Broad ...

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Do You Have Engineer Professional Liability Insurance? Here Is Why You Should

Why Do Engineers Need Professional Liability Insurance? There is hardly a more versatile profession than an engineer. Not only there are many engineering specialties ... are the three biggest reasons to purchase engineer E&O insurance: Lawsuit Defense - One of the ... of any misunderstandings. An example of a risk management strategy is formalizing a contract where you specify the ...

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How Will Your Texas Business Benefit from Professional Liability Insurance?

According to the U.S. Small Business Administration (SBA) Office of Advocacy, there are 2.7 Million small businesses in Texas which equates to 99.8% of all businesses ... lawsuit. Notary publics, home care providers, consultants, engineers, and dozens of other Texas ... find that all or even a portion of the E&O premium is a deductible business expense. Texas Professional Liability ...

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What's the Difference? Notary Bond vs Errors and Omissions Insurance What You Need to Know

For over 4 Million Notaries in America, their seals and stamps are a solemn tool to be used with great integrity (National Notary Association, 2018). Notaries are generally ... , it is really up to you as to what amount is best. Usually it is a good idea to buy an E&O Insurance plan that will cover the amount of your Surety Bond, as well as any additional claims expenses that may arise. Cost ...

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Architect Liability Insurance

Professional Liability Insurance (aka E&O insurance) for Architect As an architect your profession is held in high regard and you ... proceedings reimbursement extension Reputation management reimbursement extension Broad ...

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All You Need to Know about Professional Liability Insurance for Architects

Architects contribute to the evolving American landscape in many different ways like designing a family's dream home or building flashy city skyscrapers. Design professionals ... Architectural firm completes a design that violates the city's zoning ordinance then you'll want to utilize E&O insurance to cover the client's claim of negligence. That's because understanding zoning ordinances are part ...

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All you wanted to know about Engineer's Professional Liability insurance

Do you like paying a monthly premium for your insurance? The answer is probably not. No business owner that we ever talked to is excited about the prospect of paying ... company operates on, including the revenue that every consultant in the company brings in. The higher the ... in the case of a nuisance lawsuit. Another benefit of an E&O policy is a peace of mind both to you and your ...

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What is Errors and Omissions insurance?

Any business, no matter how successful and well-managed, can potentially make errors in delivering its services, or even fail to deliver its services, for a number of ... on top. This is where Errors and Omissions (E&O) insurance can help you and, in extreme cases, ... consider Errors and Omissions insurance are architects, consultants, businesses involved in financial and account services ...

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Professional Liability Insurance

... Insurance? Professional Liability, otherwise known as E&O insurance, protects your business against claims of ... time in businessclaims historygeographic locationrisk management proceduresthe amount of coverage desiredthe ...

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Insurance for Videographer

... known as Errors and Omissions or E&O insurance, protects videographers against claims of ... ? Prior claims can add to the cost of insurance. Risk management procedures: Do you have safety and security procedures in place? ...

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Liability Insurance: Even Notary Publics Need It

Consider any profession in any industry or a moment. What do they all have in common? They're all run by people. What do people have in common? People make mistakes ... those processes. A professional liability insurance policy, that E&O we've been talking about, is beyond vital ... BizInsure offers can help protect you as a consultant, a coach, a training professional, against damages ...

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Surveying and Mapping Services Insurance

Professional Liability Insurance (aka E&O insurance) for Surveying and Mapping Services Surveyors perform important services for ... proceedings reimbursement extension Reputation management reimbursement extension Broad ...

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Interior Designer Insurance

Professional Liability Insurance (aka E&O insurance) for Interior Designers As an interior designer, you help clients to transform their homes, ... reimbursement extension Reputation management reimbursement extension Broad ...

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How to Get a Real Estate License in California in 5 Steps

Real estate agent is a popular career, especially in California. The state is home to nearly 40 million people, including thousands (if not millions) of potential home ... instruction in ethics, fair housing, risk management, consumer protection, and other relevant topics. ... your clients. Professional Liability, otherwise known as E&O insurance, protects your business against claims of ...

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What is a Notary Public's Salary and Tips on How to Earn More?

Notary Publics are highly regarded individuals with a great amount of responsibility. They serve as an impartial witness during the signing of the most important documents ... it will provide you, should an error befall your Notary business. It's a great idea to run an E&O Insurance quote specific to yourself to develop a more accurate premium quote. The quote process will only take a few ...

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Insurance for Software Developers

... rapidly evolving business insurance products available and is often required by customer contracts. Basic technology E&O provides protection in the event that your advice or services are alleged to be negligent, faulty ...

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Insurance for Financial Services

... Accountants Bookkeepers Economists Tax Preparers Financial Consultants And many more... "Professional Liability Insurance (aka E&O insurance) - Financial ServicesAs a financial professional ...

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Insurance for Staffing & Human Resources

... background checks Executive Recruiting HR Consultants HR Professionals Human Resources ... many more ... Professional Liability Insurance (aka E&O insurance) - Staffing & Human Resources A ...

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Professional Liability Insurance California

... is commonly known as errors and omissions (E&O) insurance. It protects your business against claims ... liability insurance are: Architects Notary Publics Consultants Personal Trainers Engineers Pilates Instructors Home ...

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Why Not Protect Your Stamp with Professional Liability for Architects?

Maybe you've been designing and building residential homes, landscapes, and business complexes for many years. Or perhaps you are new to the design industry and recently ... a critical error that puts your clients in great peril. Let's break things down so you better understand how E&O Insurance would benefit you. In this blog post, we'll explore questions such as: What are my risks as ...

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How much does Errors & Omissions Insurance cost?

... level of coverage, level of service or quality of the product the more we pay. How Policy Limit Impact The Cost Of E&O Insurance Average Premium $500,000.00 $1,000,000.00 $2,000,000.00 600 700 800 900 1,000 Policy Limit ...

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Insurance for Notary Public

... to a judgment Professional Liability Insurance (aka E&O insurance) Notary Public A Professional Liability insurance ... Liability policy helps protect you as a consultant, coach or training professional against damages ...

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How Much Does Notary Public Insurance Cost?

Whether you're running your own Notary Public business or you're working for a certified employer, you're likely to need Notary Public insurance. Although Notary Public ... We'll also look at factors such as if you're running a company and you're requesting a quote on E&O, we'll need to understand how you train your employees. Your employees can get you into trouble (another reason to have ...

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Nutritionist Insurance: Guide Your Patients, Protect Your Practice

As a Nutritionist, you have been tasked with offering health advice that will inevitably shape the lives and well being of your patients. It is a very honorable profession ... also referred to as Professional Indemnity Insurance (PII) and is most commonly known as Errors & Omissions (E&O) in the United States. This particular policy is a form of insurance for professionals who offer advice ...

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Why Do I Need Pilates Liability Insurance?

You may figure you know how to properly and carefully teach your students to do the Jackknife or perform Reformer exercises. So far teaching has gone smoothly and your ... is also known as Errors & Omissions (E&O) insurance. E&O insurance is recommended if you provide professional ... other employees. The main purpose of professional (E&O) liability insurance is to safeguard your Pilates ...

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Insurance for Medical, Health & Sciences

... see how much you can save. Professional Liability Insurance (aka E&O insurance) - Medical, Health & Sciences A Professional Liability (aka E&O or malpractice) policy is important for professionals who work on making ...

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Insurance for Marriage Counselors and Therapists

... expenses related to a settlement Costs and expenses related to a judgment Professional Liability Insurance (aka E&O insurance) Marriage Counselors and Family Therapists In a profession where you work to help others look ...

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Insurance for Acupuncturists

... Insurance? Professional Liability, otherwise known as E&O insurance, protects your business against claims ... to a judgment Professional Liability Insurance (aka E&O insurance) Acupuncturists In a profession where you work ...

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Insurance for Psychologists

... Insurance? Professional Liability, otherwise known as E&O insurance, protects your business against claims ... to a judgment Professional Liability Insurance (aka E&O insurance) Psychologists In a profession where you work ...

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Insurance for mental health counseling

... ? Professional Liability, otherwise known as E&O insurance, protects your business against claims ... related to a judgment Professional Liability Insurance (aka E&O insurance) Mental Health Counselors In a profession where ...

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Insurance for Speech Therapists

... ? Professional Liability, otherwise known as E&O insurance, protects your business against claims ... related to a judgment Professional Liability Insurance (aka E&O insurance) Speech Therapists In a profession where you ...

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Insurance for Occupational Therapists

... expenses related to a settlement Costs and expenses related to a judgment Professional Liability Insurance (aka E&O insurance) Occupational Therapists In a profession where you work to help others look and feel better ...

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Insurance for Hairdressers

... expenses related to a settlement Costs and expenses related to a judgment Professional Liability Insurance (aka E&O insurance) Hairdressers In a profession where you work to help others look and feel better, Professional ...

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Insurance for Other Businesses

... reliable and customized to your profession has never been more important. Professional Liability Insurance (aka E&O insurance) - Other Professional Liability insurance, also known as Errors & Omissions insurance (or ...

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Insurance for Estheticians

... expenses related to a settlement Costs and expenses related to a judgment Professional Liability Insurance (aka E&O insurance) Estheticians A Professional Liability insurance policy is critical for those who are in the ...

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Insurance for Accountants

... Insurance? Professional Liability, otherwise known as E&O insurance, protects your business against claims ... to a judgment Professional Liability Insurance (aka E&O insurance) Accountants As a Accounting professional, you ...

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Insurance for interpreters

... ? Professional Liability, otherwise known as E&O insurance, protects your business against claims ... to a judgment Professional Liability Insurance (aka E&O insurance) Interpreters & Translators A Professional Liability ...

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insurance for tutoring

... ? Professional Liability, otherwise known as E&O insurance, protects your business against claims ... to a judgment Professional Liability Insurance (aka E&O insurance) Tutoring A Professional Liability insurance policy ...

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Insurance for Expert Witness

... expenses related to a settlement Costs and expenses related to a judgment Professional Liability Insurance (aka E&O insurance) Expert Witness A Professional Liability insurance policy is critical for those who are in the ...

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Insurance for Personal Assistants

... ? Professional Liability, otherwise known as E&O insurance, protects your business against claims ... to a judgment Professional Liability Insurance (aka E&O insurance) Personal Assistants A Professional Liability insurance ...

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Insurance for Mediators

... ? Professional Liability, otherwise known as E&O insurance, protects your business against claims ... to a judgment Professional Liability Insurance (aka E&O insurance) Mediator A Professional Liability insurance policy ...

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Insurance for Interior Designers

... expenses related to a settlement Costs and expenses related to a judgment Professional Liability Insurance (aka E&O insurance) Interior Designers A Professional Liability insurance policy is critical for those who are in ...

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Insurance for graphic designers

... expenses related to a settlement Costs and expenses related to a judgment Professional Liability Insurance (aka E&O insurance) Graphic Design A Professional Liability insurance policy is critical for those who are in the ...

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Reviews related to E & O Insurance For Management Consultants

  • Thank you for contacting me via e-mail with the reminder to renew my Business Liability insurance with your company. Carl R. Turnquist / Concord, MA

    Carl
    Compliance Consultant

  • I was very happy with the ease of my purchase of E & O Insurance policy. The person who assisted was eager and informed, but not pushy. The whole experience was quite pleasant. Thanks

    Mark
    Real Estate Agent/Broker (primarily residential)

  • Please forward a copy of "proof of insurance" to the Business Office, LGS Recreation, 208 E. Main Street, Los Gatos, CA 95030

    Lynnette
    Other Consulting Services

  • The process of renewing my policy was surprisingly easy. I clicked on the link from the e-mail and after a few more clicks I was done.

    Scott
    Notary Public

  • You need to make your order process easier on mobile devices. Cost of this. Would be less than $10k . My guess is that you are losing this amount without this.

    Zachary
    Management Consultant

  • Very difficult if not impossible to purchase through my iPhone. Kind of inconvenient.

    Jo Ann
    Management Consultant

  • I would appreciate a follow up email if I haven't renewed my insurance after expiration. I received an email on June 30th that expiring 12:01am July 1. I was traveling in Europe and missed that. I would appreciate a follow up 3-5 days after that. Thank yo

    Sarah
    Management Consultant

  • They keep me on track and protected.

    Theresa
    Management Consultant

  • Easiest online portal I have used for any business insurance quotes or purchase.

    Charles
    Management Consultant

  • Great Service

    Henry
    Management Consultant

  • Fast and easy. The way this kind of transaction should be.

    JOHN
    Management Consultant

  • Customer service was great

    James
    Management Consultant

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Why do management consultants need insurance?

The role of a management consultant is full of responsibilities, an exciting profession that offers flexibility and freedom in return. One of the biggest challenges is managing the expectations of your clients is ensuring deadlines are met and that you continually deliver high-quality results.

Protecting your business with tailored management consultant professional liability insurance and general liability insurance has never been more important. BizInsure offers affordable insurance solutions to suit your management consultant business needs. Click or call us today to compare free quotes today.

Risks management consultants might face in their daily business 

Managing the potential risks that you may encounter as a management consultant well before they arise is a smart business move. By having the right business insurance coverages in place, you can help protect your business from disaster.

A client could make a lawsuit against the professional delivery of your management consultancy work claiming:

  • Professional negligence in the delivery of your work
  • The work you provided was incomplete
  • Providing incorrect advice
  • Failure to perform your professional duties
  • Mistakes were made

This is where your Professional Liability (Errors & Omissions insurance) insurance comes into play.

The other type of insurance which you need to consider is General Liability insurance. These are some of the associated risks it can provide protection from:

  • Accidentally causing injury to a client. For example, you may have a client visiting your business premises and they accidentally trip and fall down the stairs breaking their ankle. General Liability insurance provides financial protection by covering any related legal or medical expenses.
  • If accidental damage is caused to a clients personal property. You may be out visiting a client at their office and accidentally spill a cup of coffee over their laptop. General Liability insurance will cover the expenses associated with repairing or replacing the property.

General liability insurance for management consultants

What does general liability insurance cover

One of the most common types of business insurance among management consultants is General Liability insurance (also known as Commercial General Liability or Business Liability). It is designed to protect your business against claims for bodily injury or property damage lawsuits from outside parties.

Whether the lawsuit is actual or accused, General Liability insurance provides financial reassurance, protecting your business by covering the defence costs and any damages up to your selected policy limit.

How much does general liability insurance cost for management consultant

Based on analysis of BizInsure customer data from 2018, the average cost of a General Liability insurance policy for management consultants was $38.17 per month.

 

Reviews related to E & O Insurance For Management Consultants