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How Much Money Will You Make as a Management Consultant?

... in the professional services industry. Management consultants [] ... . Consultancies, on their part, hire the brightest as they are the most sought-after. Insurance for management consultants Sometimes, clients might experience failure because of the advice given to them by their ...

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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 ... ... up your consultancy firm. It is important for you to consider investing in professional liability insurance for management consultant s that can protect you against negligence, omissions or error in judgment on your part ...

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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) - Consultants ...

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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 ... instance, do you need consultant liability insurance ? How to effectively manage ... Consultant’s Mind | Management Consultant’s Blog From students to veteran consultants, the Consultant's Mind blog has advice for consultants ...

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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 ... consultant liability insurance and managing end-to-end operations. This post illustrates five top characteristics that define good consultants. What is consulting? With a wide variety of roles such as management ...

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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 ... whether you decide to go into business consulting or management consulting, you'll want to protect your business. There are many forms of insurance that may benefit consultants. Depending on your business' needs, you may ...

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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 ... Management, Marketing, Research, Information Technology (IT), and Human Resources. Some consultants ... an idea of how much you'll pay for consultant liability insurance. Conclusion In order to maintain your position in such ...

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How Much Does Consultant Liability Insurance Cost?

... minute waiting to buy Liability insurance. After [] ... management plan for your business. In fact, the insurance underwriter may ask for some information about your risk management plan. This lets the insurance ... more tips on Liability insurance for consultants. Pay your entire ...

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How Do Independent Consultants Work Effectively with Their Clients?

... the core of what independent consultants do. Every interaction helps build ... ... any press you can find about the company, products, and management team. This not only helps you get a sense of the ... & Omissions (E&O) insurance, Professional Liability for consultants can help protect you against claims ...

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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 ... and small but essentials such as consultant liability insurance ? Difference between consultants with MBA vs. without MBA ... manage a company's risks. Financial risk management consultants deal with market risk, credit risk, ...

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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 ... better idea of what your specific consulting business might pay for liability insurance. Conclusion Environmental, IT, Management, and Business consultants all perform different work. Yet they all do some things the same ...

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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 ... in this arena. Types of business consultants: Management consultants: You will give the business owner ... way to address it is by taking out the right kind of insurance to cover all your bases. Here is a quick primer on ...

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Insurance for Food Consultants

... 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 ...

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Environmental Consultant Insurance

... appear, and problems start to arise. environmental consultant Insurance provides the following standard coverages: Architects and Engineers ... reimbursement extension Reputation management reimbursement extension Broad ...

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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 gives ... an independent 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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What are the Best Niche Markets for Consultants?

Consultants work in virtually every industry, ... ... you consult within, you should consider protecting your consulting business. Professional Liability insurance for consultants could help safeguard your finances and professional reputation against certain types of claims ...

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11 Effective Marketing Strategies for Consultants

... much competition in the market. Consultants are effectively selling themselves, which ... ... destroy everything you’ve worked for, sometimes even when you personally haven’t done anything wrong. Consider taking out professional liability insurance for consultants to protect your business in the event of mishaps.

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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 ... a rather unfortunate outcome when you consider the minimal cost of a liability policy for consultants. Premiums for liability insurance vary on several factors such as the size of business (number of employees and total ...

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Top Consulting Business Ideas You Can Run from Home

... in many often hire freelance consultants to work on different projects ... ... for yourself. Regardless of what area you focus on, Professional Liability insurance for consultants could help protect your consulting business. Professional Liability insurance (also known as Errors & Omissions or E&O ...

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6 Tips for Starting a Successful Consulting Business

... aspects of running a business. Consultants face unique challenges as they ... ... business As you build your consulting business, you'll likely want to protect it. Professional Liability insurance for consultants is one way to create a safety net for your livelihood. Even a small mistake could create ...

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How to Get Your First Consulting Client

... out in business as a consultant, the crucial procedure that will ... ... to get a client, that can end up being expensive, especially if you don’t have professional liability insurance for consultants . If there’s something you can’t do, be honest about it and suggest people who could fill ...

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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 ... ... , consider Professional Liability and other types of business insurance to protect what you're building. BizInsure makes it easy for consultants to find, compare, and buy insurance to fit their business needs. Visit our ...

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How to Promote a Consulting Business in California

... lot of potential business for consultants. Starting your own consulting business ... ... could result in more referrals down the road. Protect your consulting business with Professional Liability insurance Consultants work closely with their clients, providing advice based on their professional expertise. A ...

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Insurance for Management Consultant

... with repairing or replacing the property. Professional liability insurance for management consultants What does management consultant professional liability insurance cover When you're in the business of delivering ...

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Professional Liability Insurance Choices for Small Businesses

... in the market for business insurance lately you already know that ... of options. The world of insurance is constantly changing and can ... ... management program: What is third party liability? The 1st party is you; the 2nd party is the insurance company that sells you liability insurance ... of business. As independent consultants, freelancers, entrepreneurs and ...

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Home Based Business Insurance

... Consultants Dog walking Dog grooming Graphic designer Hairdresser Online shops Photographer Writers Web developer Insurance ... recovery Extortion Fines and penalties Crisis management costs (to restore your businesses ...

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How Much Does Pilates Instructor Liability Insurance Cost?

... protect your business with liability insurance. After investing so much already ... ... in your profession can be. For example, an IT consultant that makes a programming error during their client's IT ... to develop a risk management plan for your business. In fact, the insurance underwriter may ask for ...

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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 ... but only after $130,000 in legal costs were incurred. Insurance companies now better understand that the overall frequency of litigation against consultants is often relatively low, and they are starting to offer more ...

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Professional Liability Insurance FAQs

... between General Liability insurance and Professional Liability insurance? What is Professional Liability insurance for consultants? What is Malpractice Insurance (aka Professional Liability Insurance) for nurses? What ...

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Business Insurance Guidelines for Start Ups

... not have factored in securing insurance. Many emerging entrepreneurs are uncertain ... ... against private companies now than ever before. Having insurance will help you better cope with the possible road ... Policy This is the core of your risk management program and will satisfy a handful of requirements by ...

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Project Management Insurance

... as this is when the cracks can appear, and problems start to arise. Project Management Insurance provides the following standard coverages: Architects and Engineers Professional Liability Architects, Engineers and ...

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Who Needs Professional Liability Insurance?

... the one form of business insurance that most professional service providers ... whether or not to get insurance for their business property, autos ... of some of the professions that can benefit from professional liability insurance and the types of cases that may emerge: Consultants: Consultants are frequently recruited to develop strategies on behalf of clients that ...

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Why do Architects and Engineers need Professional Liability Insurance?

... Architects and Engineers (A&E) Insurance is quite simply something you ... what exactly is A&E insurance? Let's take a closer ... ... prevent gaps in coverage as a result of any implied warranty or guarantee. - Risk management advice: Many insurance companies may provide the opportunity to have contracts reviewed, will keep you informed about liability ...

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Errors and Omissions Insurance Florida

... the exorbitant costs of litigation. Professions that utilize Errors and Omissions Insurance are: Architects Notary Publics Consultants Real Estate Agents Engineers Publishers Home Care Providers and Businesses Accountant ...

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Professional Liability Insurance

... to a judgment Who needs Professional Liability Insurance? Professionals, and businesses that provide professional ... time in businessclaims historygeographic locationrisk management proceduresthe amount of coverage ...

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Errors & Omissions (E&O) Insurance

... 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 quotes ...

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Breaking Down the Facts About California Errors and Omissions Insurance

... by Errors and Omissions Insurance (aka Professional Liability insurance) helps service-based ... ... , or other faulty data, having the protection of Errors and Omission Insurance allows them to continue with business operations. Consultants A consultant by definition is one that is hired for their experience and ...

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Interior Designer Insurance

... reimbursement extension Reputation management reimbursement extension Broad ... you, covering your associated legal fees. Not only should having the right insurance be part of your business plan, but it may also be a ...

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Reviews related to Insurance Management Consultants

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

    Charles
    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

  • 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

  • The process was very clear and easy to follow and help facilitate the selection of necessary insurance.

    Alan
    Business Consultant

  • Josh was excellent in providing quick service for my immediate needs. He researched and provided the quote quickly. I will pass bizinsure's good name to others searching for professional liability insurance!

    Ivy
    Business Consultant

  • I have to see. This is by far the best insurance purchasing experience that I have ever had. It is funny that you got me great coverage with Liberty Mutual, which gave me first real professional job back in the summer of 1998 as an INROADS Intern. Life co

    Anteneh "Alonzo" T.
    Business Consultant

  • The woman I originally spoke with was extremely helpful in getting me a quote for Professional Liability Insurance. She really took the time to understand my business and to determine what policy would be best for me to apply for.

    Kati
    Business Consultant

  • My Agent Trish was very pleasant, helpful and knowledgeable. She guided me thru the application process to find the best insurance for my needs.

    Marc
    Business Consultant

  • 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

  • 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

  • They keep me on track and protected.

    Theresa
    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

  • Easy to use, great service, great website.

    Nathan
    Business Management Services

  • Not sure why this policy has to be renewed so far ahead of the expiration date of my existing policy. Also did not appreciate the excessive finance charges for monthly or quarterly payments and the requirement for a finance agreement signature - that is w

    Debra
    Business Consultant

  • Was unable to edit responses to questions about my business online. Called my agent and he was very helpful.

    Bruno
    Business Consultant

  • Website can be clunky at times. Overall good.

    Michael
    Business Consultant

  • You chat was never available despite my being online during normal business hours and I called the number listed twice where agents were available to only be presented with voicemail both times.

    Julie
    Business Consultant

  • Frustrating that we cannot change other information on the policies from the website.

    Jack
    Business Consultant

  • I am not convinced that the $100 fee is worth...1/2 of that would be a better rate.

    Rafael
    Compliance Consultant

  • I was easily able to change my last name in the "Billing" section online, but even after calling and talking to an agent a week ago, when I purchased the account tonight (since I couldn't wait any longer to renew), it printed off with my maiden name still

    Ann
    Education Consultant

  • Please add Mike Sentany and Eli Stevanovic to list of covered individuals

    Thomas (Thom)
    Food Industry Consultant

  • Got bit confusing with the split away from CNA but worked through it

    Nigel
    Food Industry Consultant

  • My agent, Tricia Lee, was very helpful.

    Richard
    Food Industry Consultant

  • Very easy ti purchase...I've never had a claim so can not rank hugher

    Robert
    Geological Consultant

  • Thank you for making this easy!

    Jason
    Budget Planning Consultant

  • Easy to follow instructions

    Mary
    Business Consultant

  • Super Sexy phone voice

    Josh
    Business Consultant

  • Very user friendly, Thank you!

    William
    Business Consultant

  • When I called, I spoke with Ramez Tabri and he was very helpful.

    HuiWon
    Business Consultant

  • Thank You.

    Bennie
    Business Consultant

  • Erica Tompkins was very knowledgeable and answered all my questions.

    Beverly
    Business Consultant

  • Trish was my assistant and she was incredibly helpful! I really enjoyed speaking with her about the various plans and options. She made the process a lot easier to go through and much easier to decipher.

    Gayatri
    Business Consultant

  • Tricia Lee was extremely helpful, professional and friendly.

    Anthony
    Business Consultant

  • Love the online option and great explanations of products


    Business Consultant

  • Thanks for the reminders. Maybe wait to start reminding until 1 month before due, but OK.

    Beverly
    Business Consultant

  • Tricia was great!

    John
    Business Consultant

  • Super easy to use this site.

    Anna
    Business Consultant

  • well done

    Reggie
    Business Procurement Consultant

  • The company shows appreciation for my business.

    Glenn
    Compliance Consultant

  • Thank you for making this a painless process!

    Therise
    Education Consultant

  • This was Josh account. He had quoted and I verified it while he was on lunch. Client did not

    Zoraida
    Energy Efficiency Consultant

  • Thank you for the reminder. Please send me an updated COI associated with the renewal! Appreciate it.

    Steve
    Energy Efficiency Consultant

  • Easy. Appreciate the speed and precision.

    Steve
    Energy Efficiency Consultant

  • You rock. So easy to stay properly insured.

    Steve
    Energy Efficiency Consultant

  • excellent

    Jennifer
    Fire and Safety Consultant

  • Thank you for the renewal notice.

    Victor
    Flora and Fauna Consultant

  • Process was easy to renew! Thank you!

    Linh
    Food Industry Consultant

  • No experience with a claim, but phone and online access has been excellent,

    Robert
    Geological Consultant

  • Great website

    William
    Investigation Consultant

  • Erica provided the service that was customer-oriented.

    Alexander
    Research Consultant

  • Very professional and friendly support was provided.

    Stefan
    Research Consultant

  • I appreciate the ease with which I was able to renew my policy!

    Kevin
    Training Consultant

  • Always easy to renew!

    Tony
    Training Consultant

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Did you Know?

If you're a consultant working as a sole proprietor you are personally responsible, both legally and financially, for all aspects of the business. The right insurances help to protect you if things go wrong!

Professional Liability Insurance (aka E&O insurance) - Consultants, Coaching & Training

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 helps&protect you as a consultant, coach or training professional against damages related to your services, actions or recommendations.

The policy can cover 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.

General Liability - Consultants, Coaching & Training

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 intends to protect against allegations of bodily injury or property damage and it can cover 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.

Business Owner's Policy (BOP) - Consultants, Coaching & Training

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 industry.

Reviews related to Insurance Management Consultants