As a quality assurance consultant, your duty is to assess your client’s output and make sure that their product is up to an acceptable standard. But no matter how well you carried out your consultancy work, you may still end up with disgruntled clients who may blame your service or advice for the losses incurred in their business.
FD Beck Insurance Brokers can arrange insurance policies that cover liability claims due to such claims, giving quality assurance consultants some peace of mind while they offer their services.
The goal of an insurance policy is to protect quality assurance consultants against a variety of claims related to their work. These are some of the scenarios that professional indemnity and public liability insurances may help with:
With years in the field, we’ve come to understand this risk associated with your profession. FD Beck’s team of qualified insurance brokers will offer you insights into the kind of insurance policies suitable for you. Let us know the details of your job so we can guide you through the process of arranging your policy.
The cost of claims greatly varies, but generally, a quality assurance consultant will need between $500,000 and $5,0000,0000 of professional indemnity insurance cover. The amount of cover depends on several factors, including the nature of your business, the size of your company, the types of clients you consult to, and insurance or indemnity clauses you may be signing. You can check here as to how much professional indemnity you need in your industry.
Yes. Quality assurance consultants and all other professionals charging fees for any professional advice or service need professional indemnity insurance. There are also factors to consider before deciding how much PI to buy, especially for consultants and freelance professionals.
Yes, it is possible. We can tailor your Professional Indemnity insurance policy based on your budget. We value your requirements which is why we are available to discuss your individual needs. It may also help to know what public liability covers as it you will require this in addition to PI insurance.
Yes, you certainly can. Feel free to use our online form. Our online policy calculator gives you multiple coverage limit options including professional indemnity as well as other insurance products such as Public Liability, Management Liability and Cyber Insurance.
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