IT consultant insurance requirements
As an IT consultant, you probably travel to a variety of locations for a host of different jobs, meaning that you are presented with a multitude of risks on a daily basis. Wherever you go and whatever the job in hand, ensuring you have comprehensive insurance in place to protect against unforeseen events is crucial. Without the right IT consultant insurance, you could be exposed to large financial loss that could jeopardise the future of your business.
Public liability insurance for IT consultants
IT consultants insurance will typically include public liability cover to safeguard your livelihood against accidental damage to third party property, as well as accidental injury. For instance, if a client tripped over some network cables you were installing, sustaining an injury, you may be liable to pay compensation awards. Public liability insurance protects you against these eventualities, letting you focus on the job in hand.
IT consultant professional indemnity cover
As a professional, the advisory aspect of your business should play a fundamental part of your business considerations. Even as a perfectionist, mistakes are sometimes made, and professional indemnity insurance can protect you against these errors. Our advisors are on hand over the phone to discuss your professional indemnity insurance requirements.
IT consultant employers' liability cover
If you employ staff, you will need to arrange employers' liability insurance to protect your employees whilst they are at work. As careful as you may be, accidents do happen and can lead to large medical bills and payments for damages.
Business Interruption insurance for IT consultants
Dependent on the nature of your trading activities you may wish to include cover for your business premises, contents, equipment and stock. These can be included in some business insurance policies, and can also be extended to protect business equipment away from your premises. In the event that you suffered damage to your business property meaning you were unable to trade, then business interruption insurance cover can protect your loss of income whilst you get back up and running.
Legal protection for IT Consultants
Commercial legal protection can insure your business against tax and VAT appeals, as well as employment disputes and compensation awards, and also provides jury service allowance if you or your employees are summoned.
Property insurance for IT consultants
Depending on where you conduct your consultancy work, you may need to consider office insurance that would protect your business buildings and contents. If you work from your home you may also require home business insurance as most home insurance policies exclude business activities.
Compare insurance for IT Consultants
There are other considerations that you may need to make, depending on the nature of your work and the exposures you face. You may be working for large corporate clients and have remote access to business networks. On the other hand you may only be dealing with clients wishing to repair or maintain their domestic computers and networks. Either way ensuring you have adequate cover for all your business activities is essential for business continuity.
So whether you are out and about visiting a variety of clients, or a home-based IT professional, IT consultants insurance is a must for any business owner in this sector.
We arrange insurance for consultants and home business insurance on a regular basis, that's why we'll work with you to find just the right cover for your business needs. Our team of advisors are on hand to make arranging your IT consultants insurance simple and hassle-free. Request a call back or give us a call and we’ll help you find the right insurance for your business.