Take on Projects Confidently with Consultant Insurance

Focus on your job rather than the stress of potential claims.

A combination of consultant and consulting business insurance will have your back if clients make an allegation against you for a professional breach.

Alternatively if it’s damage against their property or an injury occurring on the premises, ensure job and business continuity with the right insurance.

Are you an independent consultant or are you a business owner of a consulting firm? Either of the two makes you responsible, both legally and financially, for your projects.

When things go wrong, liabilities may affect your assets and reputation. That’s where FD Beck can protect you through our competitive consultant and consulting business insurance.

Why do consultants need insurance?

Often, a consultant examines existing information and provides advice for certain improvements. So you may face allegations for an act of negligence due to an error or omission.

I claim against your or your consulting business will create a challenging financial situation that you may not be able to deal with on your own, therefore you need an adequate level of cover. This is where independent consultants’ insurance combined with relevant consulting business insurance becomes handy.

Insurance Products for Consultants and Business Protection

Avoid the devastating effects of being sued for compensation and incurring legal costs as a result of a professional breach. FD Beck’s has a business insurance professional indemnity premium calculator for consultants, which provides instant quotes for the following consulting occupations to assist in your needs.

As general professional advice, the recommended insurance for consultants is a combination of a professional indemnity insurance policy with a public liability cover.

Get the right cover you need today!

With reputable Professional Indemnity insurance policy in place, you can confidently take on your consulting projects. Throughout the years, FD Beck has helped protect hundreds of consultants by arranging professional indemnity cover and other insurance. FD Beck would like to make life easier for independent consultants and small business owners. As a committed insurance broker, we provide a service or advice on insurance that’s easy to buy and manage. Get the help of an insurance broker and protect your job and consulting firm from business claims. Deal with allegations of negligence, property damage, or injury to a member of the public. Use our quoting tool online.

More Insurance Coverage Like Consultant Insurance

Every business has unique requirements that can be addressed by specific insurance solutions. As such, we always start with understanding your needs. We touch on the risks and requirements specific to your industry and inherent to the nature of your business.

We then tap into our network of insurance companies to find you the best insurance solutions. The following types of insurance policies are just a few examples of the type that we specialise in:

Professional Indemnity Insurance

Professionals offering advice or services for a fee may be held liable if your work causes losses to clients. Professional indemnity insurance acts as a cover for your business if you are held liable for breach of a professional duty .

Public Liability Insurance

You will need public liability insurance coverage in Victoria in case of property damage or personal injury to your client or members of the public during the course of operating your business. This insurance takes care of third party compensations and the legal expenses incurred to defend the claim.

Consultant’s Insurance

We offer insurance solutions specific to specialists consultants of freelancers offering professional advice. The consultant insurance typically includes public liability and professional indemnity cover.

Owner Builder

Owner builder insurance includes coverage specific to owner builders, or property owners acting as contractors working on their own construction projects. This insurance solution mainly includes public liability and construction insurance cover.

FAQ

CAN ALL CONSULTANTS BENEFIT FROM PROFESSIONAL INDEMNITY (PI) INSURANCE?

As general advice, all consultants offering paid services to different clients need PI cover It protects you from the financial consequences caused by defence costs and compensation payouts of a claim.

WHAT IS THE STANDARD PI COVER THAT I NEED?

There is no one size that fits all, so depending upon your circumstances PI policies can be tailored to suit your needs and can range from $500,000 up to $5,000,000. However, to get the most benefit from your business insurance, you need to consider business size, nature of work, and other policy requirements. Please contact us for more information.

CAN YOU WORK ON A SPECIFIC BUDGET FOR BUSINESS INSURANCE OR PUBLIC LIABILITY INSURANCE?

Yes, our professional insurance brokers can discuss flexible solutions such as business insurance or public liability insurance based on your budget. Please contact us to gain more information contained in various coverage.

WHERE CAN I GET A QUICK QUOTE?

Use our free online tool for a quote. The insurance calculator also offers products geared toward your needs, such as third-party injury or damage payouts, cyber assets protection, and other liability insurance coverage.