How does insurance for change management consultant’s work?
All your professional cover, in one policy
Helping individuals, teams and organisations to transition into new states as a change management consultant means you’ll be offering a professional, sound and expert service to your clients, making recommendations for those who will then rely on your advice. Because of this, your Change Management insurance policy needs to protect you and your business in the event that a client decides to make a claim against you for your advice, should they believe it to be negligent and to have caused them damage in any way.
Through The Insurance Octopus, you will be able to put together a bespoke insurance policy that suits the exact needs of your business and services. We source business insurance policies that are designed to be flexible, which ensures you can tailor your policy to suit your specific requirements. You’ll have all of the essential cover you need in one simple business insurance policy.
What your Change Management Consultant Insurance Policy includes?
Professional Indemnity Cover
Professional Indemnity insurance will protect you and/or your business against any financial or trading loss that may be caused as a result of bad advice or a mistake that you or your business has made or has been claimed to have made. Professional Indemnity cover limits are from £50,000 to £10m. This is an important insurance for change management consultants to cover their work.
Employers Liability Insurance Cover
Employers Liability insurance is required by law if you have one or more employees. Standard Employers Liability cover is £10m and will protect you as the employer against claims from your staff should they be hurt when working for you.
Public Liability Cover
Public Liability Cover protects you if a customer or a member of the public is injured or their property is damaged, and protects you against the cost of repairs or any legal proceedings that could be filed against you. Standard levels of cover are available from £1m to £5m, with additional levels of cover available upon request and subject to insurer’s terms and conditions.
Legal Expenses Cover
With this cover you can protect yourself against the costs associated with certain legal actions.
Associated Claims Costs
Associated Claims Costs can cover you if a claim needs to be investigated further or there is a need to bring in expert witnesses in a court hearing; essentially any additional costs associated with a claim.
Business Interruption, Personal Accident and other covers
Business Interruption, Personal Accident, offshore working and more are all additional add-ons that can be increased or decreased as required. By having flexibility with your Professional Indemnity Business Insurance Policy through The Insurance Octopus, you can make sure your insurance is just what you will need.
Why you need Change Management Consultant Insurance?
As a change management consultant, you give a professional service advising clients on how best to achieve their future organisational changes, your clients inevitably have an expectation of receiving expert guidance and a good standard of service. If this service is not received, your clients could then make a legal claim for compensation leaving your business at risk of the high potential costs if a claim is made. As well as legal expenses there could also be a compensation sum to pay in these cases so it’s important to ensure you’ve got the right cover in place to protect your financial security.
The Insurance Octopus will source a Change Management insurance package specifically tailored to your business needs by working with a selection of UK insurers that provide the widest choice of Professional Indemnity Insurance and other covers. By having flexibility with your insurance policy through The Insurance Octopus, you can make sure your insurance is exactly what you and your business needs.
We source protection for thousands of professionals across the UK with access to a comprehensive range of insurance covers
Cover for a variety of professions
We cover a variety of trades and occupations and are specialists in providing Professional Indemnity insurance which means you will get a bespoke policy that ensures you only pay for the cover you need. We can source and add cover for your business equipment at home, in the office or in transit and provide options for covering you in sector specific situations as required.
Spread your payments
In most cases, we can provide you with your business insurance and documents on the same day (subject to time of day restrictions), offering a range of flexible payment options, including Direct Debit – allowing you to spread the cost of your insurance.
Why choose The Insurance Octopus?
We proudly make buying insurance simple and transparent, and our sourced cover comes with a range of benefits.
Up to £5 million of cover
Claims can be expensive, that’s why we source cover that offers up to £5 million worth of public liability cover for shops. With more available upon request.
Simple specific cover
To help save you both time and money. We compare prices from a range of different insurers so you don’t have to.
A team that knows your industry
We’ll connect you with an agent who is an expert in your field. They understand many of the challenges you face, and can truly get to grips with the type of cover you need.
Easy claims process
Accidents can happen, so when something does go wrong you can rest easy knowing our team is on hand to make the claims process as quick and stress free as possible.
No mid term fees, ever
We don’t charge any mid-term fees at all during the life of your policy – so there are no hidden fees following any changes you might need to make.
Types of professionals we can source cover for
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