In Australia, the expert advice of a heritage consultant carries important responsibilities as they find an appropriate balance between meeting the needs of a client and ensuring the interest of the heritage is not compromised. As such, these consultants may end up being legally exposed if things go wrong during one of the various heritage project stages, making them vulnerable to claims. FD Beck Insurance Brokers, an insurance broking firm based in Melbourne, VIC, provides heritage consultants insurance solutions with coverage that suits their needs.
Failure by a heritage consultant to provide the correct advice and guidance may result in a financial loss to their client or damage to the heritage structure. This may result in costly claims against the specialists involved. As a heritage consultant, you can help protect yourself and your business with both a professional indemnity and public liability insurance policy.
The nature of your work exposes you to risks that have the potential to significantly impact your business. As a heritage consultant, the following services could potentially give rise to an insurance claim:
Offering heritage consultation services in Australia is not easy as you have to take great care when performing your duties. No amount of care makes you and your company immune to claims, so ensure protection for your business with an insurance policy package that covers your needs—something that FD Beck may help you with.
You may need a PI cover that lies somewhere between $500,000 and $5,0000,0000. As explained in this video, you’ll find that the actual number depends on the size of the business, the nature of the services that you provide and contractual requirements.
It is FD Beck’s absolute recommendation that heritage consultants have PI insurance. So long as you provide professional advice, a PI policy will help cover you in case a claim is made. You can view this video that explains this topic in more detail.
Yes, we can. Our company of qualifid insurance brokers will be happy to discuss this with you and create an insurance package with a reliable insurance provider. The custom package takes your budget into account while providing full insurance coverage for your business.