Insurance for business consultants
Bespoke insurance for your business
What cover do business consultants need?
Working with clients is rewarding, but it doesn't come without risk. Consultants typically consider a number of covers, starting with professional indemnity insurance.
10% of management consultants paid £9.42 a month or less for their Superscript business insurance between January and March 2023.
- Pay monthly or yearly, it's your choice
- Change your cover anytime, without fees
- UK-based support, hassle-free claims
- Instant access to documents
Professional indemnity insurance
Professional indemnity insurance is an important consideration for business consultants to consider. If a third party accuses you of professional negligence, having professional indemnity insurance may help to cover any associated legal costs.
Cyber insurance
Cyber insurance is designed to cover any business which operates online or is exposed to the internet and the risks that come with storing and handling data when running a company. Business consultants may consider this type of cover as they often hold sensitive client data.
Contents and equipment insurance
Contents and equipment cover is built to protect your office contents — like desks, chairs, printers, laptops or monitors — as well as technical machinery, portable equipment, documents and cash from loss, damage or forcible theft.
Employers' liability insurance
Employers' liability insurance is usually a legal requirement for businesses who employ staff in the UK. Employers’ liability insurance is designed to provide financial cover in case one of your employees is injured at work.
Once you've completed a quote, you'll be able to view a summary of cover. Please always refer to your policy documents for full details around exclusions, terms and limits of your customised cover. Read our guide to understanding your policy documents.
Authorised by the FCA
The FCA supervises UK financial services firms to protect consumers. We are directly authorised and regulated by the FCA and our Firm Reference Number is 656459. These details can be confirmed on the Financial Services Register at www.fca.org.uk or by calling the FCA on 0845 606 1234.
A-rated financial strength
Our insurance products are underwritten by Standard & Poor’s A-rated financial strength or higher. This means the underwriter has been independently assessed by the world’s leading credit rating provider and found to have a strong capacity to meet financial commitments (pay claims).
Protected by the FSCS
If you are a business with an annual turnover under £1m, charity with an annual income under £1m, or trust with net assets under £1m, then you will be entitled to compensation from the FSCS in the unlikely event we cannot meet our obligations. Full details and further information on the scheme are available at www.fscs.org.uk.