FD Beck Insurance Brokers

Communications Consultants Insurance

Protect your business and reputation against possible claims.

Insurance for communications consultants serves as protective support from the legal costs of a Professional Indemnity claim. 

FD Beck offers professional services and products tailored for communication professionals or marketing communication business owners. We also offer a range of flexible policies to meet specific needs when managing your businesses.

Insurance for Communications Consultants

It is our mission as an insurance broker is to find the right insurance company to provide complete PI insurance protection to specialist in their niche.

Professional Indemnity Insurance

Having professional indemnity insurance will help manage any legal defence costs and other payouts for compensation following an allegation of a professional breach because of negligence, or error and omission.

Let’s say contract with a client involves implementing a plan script for external crisis communication. However, element of the communication are wrong such some of the key messages and contact information. As a result of your errors the client incurred additional expenses along with a decline in profit. To defend yourself from the claim against your business, you can benefit from a professional indemnity policy to pay your client's demand for damages relating to financial loss.

Public Liability Insurance

As you fulfil your responsibilities, you could be liable for personal injury or property damage involving a third party. Thus, public liability insurance protects you when such cases arise.

An example, when meeting with your client at their office you accidently knock over your coffee whilst presenting damaging the client's laptop and expensive rug. The claim for repair and replacement costs against your business be shouldered by public liability insurance.

Risk Exposures for Communications Consultants

You may not realise it, but as a communications consultant there are risks that you need to conscious of. 

The following are examples of risks you may face:

  • Failure to create an appropriate communication strategy
  • Creating misleading and deceptive advertising materials
  • Negligence in fact-checking and research leading to misleading information
  • Unintentional breach of privacy, libel, and defamation
  • Breach of confidentiality
  • Copyright infringement
  • Failure to secure client documents, information, and data

Stay on top of your consultancy business with the right insurance.

FD Beck offers specialised insurance solutions for both consultants and business owners in Victoria, Melbourne, and other cities in Australia. PI insurance or public liability insurance provides a comprehensive guard against sudden claims.

Through our wide network of insurers, we could also offer fully customisable cover to fit specific requirements. Being prepared lessens the stress when it comes to handling potential PI claims including legal defence costs and damages payouts. Use our free online quoting tool today.

FAQ

Should I get professional indemnity insurance even if I work independently?

Offering professional services and advice to clients pose various liabilities. Before issues happen, it is better to safeguard yourself from a sudden liability event. For further assistance, you may refer to our useful guide “Who needs Professional Indemnity Insurance in Australia and why?

How much PI insurance is right for me?

There is no one size fits all when it comes to PI insurance policy coverage. PI insurance policy Limits can range from $500,000 to $5,000,000, so it is important to consider your individual requirements. PI Limits depends on many factors, including business size, nature of your contracts and special company requirements. For further information about how much PI to buy refer to our helpful blog “How much Professional Indemnity does a consultant or freelance professional need?” 

Can you work on the budget I have decided on?

Yes, our reliable insurance brokers can go over options based on your budget and being conscious of your specific needs. You can use our online tool for a quick business insurance calculation. In case you have further inquiries, feel free to contact us for a discussion on any policy details. 

I am looking for the cost of basic insurance covers. Where can I find a quote?

For your convenience, please use our free quoting tool to find a quote. Our insurance calculator also offers limit options, such as $500,000, $1,000,000, and other options. For our customers, our website offers other functionalities, including advice on other products that may fit your policy needs.