Affordable Protection for Management Consultant Services
Simply Business is pleased to provide tailored insurance options from:
Helping an organization solve internal management issues requires careful analysis and guidance. As you advise executives and leadership teams to make strategic adjustments, the right insurance coverage will protect you and your business.
Though you’re an expert in management consulting, you may not know as much about small business insurance. A licensed agent at Simply Business can help you find a customized insurance policy for your unique business.
Management consulting often involves working on-site at a client’s business, inviting people to your office, and providing quality guidance. These factors alone may put your business at risk of liability, including injury, property damage, and negligence.Get your quote
While visiting a client’s office, you could accidentally trip and hurt yourself. After a visit to the emergency room, without insurance you’d have to pay the medical bills out-of-pocket. General liability insurance — also known as commercial general liability (CGL) insurance — covers the costs associated with third-party accidents, property damage, and bodily injury.
General liability usually covers:
General liability insurance usually does not cover:
Learn more about General Liability Insurance.
Providing appropriate guidance and strategies comes with being a successful management consultant. However, misguidance or mistakes can quickly turn into costly negligence claims or lawsuits filed against you. If you have professional liability insurance, you would be protected against claims or lawsuits related to negligence.
Professional liability insurance usually covers:
Professional liability insurance usually does not cover:
Learn more about Professional Liability Insurance.
If you have employees, it’s important to research workers compensation insurance. In many states, it’s required by law. Also known as “employers liability insurance,” workers compensation insurance protects your business if employees get sick or injured while working for you (by covering medical costs and lost wages).
We advise you to secure a workers compensation policy when you hire your first employee.
While there’s no single answer for how much insurance costs for management consultants, you can get an estimate for what you may pay based on:
Want to find out how much your management consulting business insurance may cost?
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