What Is Consultant Professional Liability Insurance?
As a consultant, people rely on your expertise and advice. You are held to a higher standard with respect to this expertise and if someone feels you haven’t performed to this standard, you could face accusations of negligence. Even if you aren’t found legally liable, court proceedings to defend a claim are costly and can also damage your professional reputation.
In most cases, Commercial General Liability Insurance (also known as CGL Insurance) won’t cover you for financial damage to others caused by your professional services or advice. Fortunately, EasyCover offers Professional Liability Insurance (also known as Errors and Omissions Insurance) for Consultants. This insurance covers a wide range of professional services and advice.