Professional indemnity insurance for marketing consultants

In case there’s a claim for negligence, or breaches in your duty of care.

What’s typically covered by professional indemnity insurance?

Claims against your marketing consultancy for professional negligence or a loss-causing breach of contract. This can include:

• advice which turns out to be incorrect
• mistakes in your work that cost others money to fix

For example:

• you use an old logo on multiple assets, meaning everything needs to be redesigned and signed off, costing the client money through delays
• you’re hired to develop a new marketing plan for your client, but they claim your work has caused a drop in click-throughs

Read more about professional indemnity insurance

Public liability insurance for marketing consultants

In case your marketing consultancy causes an injury or property damage.

What’s typically covered by public liability insurance?

Claims against your business for:

• damage to someone’s property
• injury or illness caused by your marketing consultancy
• accidental damage or injury caused by your employees, if you have any

For example:

• you’re pitching to a potential client when you accidentally spill water onto their presenting equipment, damaging the screen
• you leave your bag on the floor at a client’s office and someone falls over it, breaking their wrist

What you’ll need additional cover for

• if you do employ anyone, you’re usually required by law to have employers’ liability insurance too.

Read more about public liability insurance

Employers’ liability insurance

In case something happens to an employee while working for your consultancy.

What’s typically covered by employers’ liability insurance?

Claims against your business for:

• an injury or illness that comes as a result of working for you (including temps and casual workers)

**Employers’ liability insurance is required by law if you have people working for you. Without it, you could be fined up to £2,500 a day for each employee.**

For example:

• you’ve provided an unsuitable desk set-up for your account manager, who develops chronic back pain as a result
• a work experience employee gets an injury from the coffee machine in your office kitchen

Business and office equipment insurance

In case things like your phone or tablet are lost, stolen, or damaged.

What’s typically covered by business and office equipment insurance?

• theft, flood, fire, or accidental damage to the equipment you use to run your business
• operational equipment like your laptop, office printer, and phone

For example:

• you leave your laptop bag on the train on your way into the office
• an employee spills coffee over your desktop computer and trackpad while you’re reviewing designs together

Read more about business and office equipment insurance

Legal expenses insurance

In case you and your marketing consultancy face legal costs.

What’s typically covered by legal expenses insurance?

• legal costs attributed to your marketing consultancy
• property damage, nuisance, or trespass – specifically, the associated legal claims and compensation payouts
• tax and compliance disputes, and investigations you need help with
• access to expert advice – including a tax advice phone line, confidential 24/7 legal phone line, and crisis PR support to help you protect your reputation as a top marketing consultancy

For example:

• a temp you’ve hired is injured at work and brings a claim against you – you need to recover the legal fees
• your office space is vandalised and you need to raise a legal claim, which costs you money

Read more about legal expenses insurance

Personal accident insurance

In case anyone you’ve covered is accidentally injured, at work or elsewhere.

What’s typically covered by personal accident insurance?

• accidental injury or death at or outside of work, for anyone covered on the policy
• lost income, medical costs, and hospitalisation benefit

For example:

• your assistant slips on a wet floor in your shared workspace toilets, breaking their knee which will require surgery
• you damage your spine while on holiday and won’t be able to work at full capacity for six months

Read more about personal accident insurance

Which type of workers do I need insurance for?

Employers’ liability insurance is a legal requirement if you employ people.

If you have people working for you, including bona fide subcontractors (BFSC), labour-only subcontractors (LOSC), part-timers, or full-time staff, employers’ liability insurance is required by law.

Read on for our simplified guide to the difference between labour-only subcontractors and bona fide subcontractors.

Does marketing consultants insurance cover my work correctly?

Make sure you’re picking the right cover to protect you properly. It’s important to know that if you have another trade or job, you’ll need additional cover. For example, do you need to consider business consultant insurance or it consultant insurance?

Do I need cover for other types of work?

If you provide other services, make sure you’re covered:

• Consultant insurance
• Public liability insurance beauty
• Health and safety insurance
• Life style insurance
• Life coach insurance
• Hr consultant insurance
• Advertising agency insurance
• Insurance for creatives

Other types of insurance

• Limited company insurance
• Self-employed insurance
• Freelance insurance
• Consultant insurance
• Contractors insurance
• Sole trader insurance

Which public liability cover limit should I choose?

Think about the maximum possible loss your business could face in the event of a claim, and make sure you take legal fees and damages into consideration. You can choose from three levels of coverage – £1 million, £2 million, or up to £5 million.