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Find The Best Consultant Insurance

Any person who offers advice or consultation services should have consultant insurance. Whether you are an IT consultant, independent or freelance, you could have legal challenges. You could face accusations of negligence or be found liable for damages. When this happens, a standard business policy may not be enough. Protect yourself with consultant insurance.

At ThinkInsure, we offer insurance for consultants in all industries. Our advisors will compare quotes from the top insurers in Canada to get you the best rate and policy.

What Is Consultant Insurance?

Consultants insurance is specifically for professionals offering consulting services. Insurance for consultants protects you against the risks of providing advice.

Mistakes happen. Consultants make errors in judgement from time to time. Most are minor but others can cause a loss or damage to a client. Get a plan that protects you against claims of mistakes, negligence, third party damages, and more.

What Does Consultants Insurance Cover?

There are a variety of inherent threats to being a consultant. Defamation, slander, mistakes, administrative and paperwork issues, damaging advice, and negligence are the most common.

Consultants may require several different types of protection. Specific requirements depend on your business type and operations. The type of services you offer and how you offer them to your customers. Some of the most common include :

How To Get Consultant Insurance

Tell us about your insurance needs. Our advisors will find you the best plan and quote from the top providers in Canada.

Enter your information

Provide some details about your consulting company and requirements.

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Choose from the best quotes from the top insurers in Canada.

Select the lowest rate and policy

Choose the best premium and get insured.

Consultant Insurance FAQs

How Much Does Consultant Insurance Cost?

Costs can be as unique as your consulting practice. They can range from a few hundred to more than a thousand dollars annually. You can expect a policy to start in the $600 range for basic coverage. Important factors to consider are :

Company size, number of employees
Industry
Years in operation
Annual revenue
Insurance claims history
Peril exposure

Speak with our advisors to get an accurate consultant insurance quote. We’ll make sure you get the best premiums.

Who Needs Consultant Insurance?

It is for any professional who offers advice to other businesses and clients. This includes companies of all sizes from many different industries.

Independent consultants
Business consultants
Management consultants
HR consultants
Technology and IT consultants
Marketing and sales consultants
Education consultants
Engineering consultants
Executive consultants
And many more

What Are The Benefits Of Consultant Insurance?

It ensures you have the right coverage to reduce financial threats to your company. Advantages include :

Peace of mind in knowing you have protection.
Financial security.
It helps you attract and generate more revenue.
Competitive advantage over other consultants.

Why Is Consultant Insurance So Important?

You never know when accusations of mistakes and negligence could be made against you. They do not have to be true to cost you. Consultants insurance provides you with protection against these types of accusations. It reduces financial threats for your business.

Is Consultant Insurance Mandatory?

Requirements vary by industry and regional regulations. Some professionals are required to have insurance. Even if it is not a requirement, it provides you with an important form of protection. Your customers have a legal right to file claims against you for mistakes and errors. Insurance protects you in these instances.

Do Consultants Need Professional Indemnity Insurance?

Yes. It protects you in case you make mistakes and errors when doing business. All it takes is one mistake to be in a compromising situation. Indemnity insurance financially protects your business.

Do Consultants Require CGL Insurance?

Yes. Consultants should at a minimum have a commercial general liability insurance. You may require additional coverage depending on your company type and industry.

Get A Quote For Consultants Insurance

Give yourself the peace of mind in knowing you are financially protected with consultant insurance. We'll compare quotes from the top insurers in Canada to help you save and find the best coverage . Call 1-855-550-5515 or request a quote online.

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