Telecommunications Consultants Insurance – What Should this Include?

From SMEs and major corporations, to government departments and not-for-profit organisations, having an effective communications infrastructure in place is paramount for the everyday smooth running of business.

Companies are constantly looking for ways to improve their communication systems, but with so many options out there on the market, it’s difficult to make well-informed decisions on what’s the best direction to take. This is where specialists such as telecommunication consultants are brought on board to provide the expert insight and depth of experience needed to get things done.

Whether a firm wants advice on a more cost effective telephony system to roll out across the business or a government department is seeking guidance on how to go about organising the right set-up for a new collection of call centres across the country, telecommunications consultants are relied upon to help clients make informed decisions with their main objectives in mind.

Such a complex role requires a unique set of skills that are highly sought after across the world, but it’s important remember that any success can be ruined in a split second if you aren’t protected with telecommunications consultants insurance. After all, it only takes a small incident to put your business and livelihood in jeopardy so planning ahead for that rainy day gives you priceless peace of mind while you get on with the job at hand.

Professional Indemnity Insurance for Telecommunication Consultants

Offering game-changing advice to businesses comes with a certain amount of risk. If everything goes to plan and the desired results are achieved then everybody leaves happy that their expectations were adequately met, or possibly even exceeded. But what about those frustrating occasions when events don’t go to plan?

If you make a mistake that results in a client losing money or business, you could find yourself faced with a hefty compensation claim. Even if you completed your role to the highest possible standard, a client could still decide to blame you for events that were out of your hands.

Whether you’re admitting to a mistake and trying to minimise damages or are disputing claims and want to get an unjustified case thrown out, you’ll need a strong legal team behind you. The potentially huge costs of legal cover and any compensation pay outs have the capacity to ruin both your business and reputation – especially if you’re not adequately insured.

This is why professional indemnity insurance for telecommunications consultants is such an important cornerstone of your policy.

PI insurance is essential cover for facing legal claims against you for the likes of professional negligence, loss of data and breach of contract.

What else does a quality Telecommunications Insurance plan need?

There are a number of other important elements that should be incorporated into your bespoke consultants’ insurance plan. What’s required in terms of add-ons depends on the unique circumstances of your business.

For example, if you employ one or more members of staff you’re required by law to have employers’ liability insurance as part of your cover. Even if you just hire somebody for a couple of hours each week, this is still a compulsory component.

At The Insurance Octopus, we understand that your business needs are constantly changing and this is why we make it extra easy for you to adapt your policy whenever is necessary. A variety of add-ons are available to suit your individual requirements, so you can rest assured that we’ll find the best insurance package for you.

If you’re still unsure, we have an expert team of consultants on hand to provide all of the advice and reassurance you need.

Contact The Insurance Octopus today and get yourself and your business fully protected.