How does insurance for IT hardware or software procurement consultants work?
All the cover you’ll need, in one simple policy
As a hardware or software procurement consultant, you will be looked to for efficient and cost-effective IT solutions for your clients. Because you’ll be providing a professional service of advice, it’s important to ensure that you have professional indemnity cover with an IT Hardware or Software Procurement Consultants Insurance policy that protects you in the event of a claim.
At The Insurance Octopus, our personalised business insurance policies are designed to be flexible to suit the needs of the variety of professional roles in the market. You will be able to put together a bespoke IT insurance policy to ensure you have all of the essential cover you need for the risks you are exposed to.
What your IT hardware or software procurement consultant’s insurance policy includes
Professional Indemnity cover
Professional Indemnity cover limits from £50,000 to £10m. This covers you for any financial or trading loss that may be caused as a result of bad advice or a mistake made in work. Typically these claims can be a result of Negligence, Dishonesty, Defamation, infringement of Intellectual Property Rights and Loss of Data.
Employers Liability insurance cover
Employers Liability insurance cover is required by law if you have one or more employees. Employers Liability cover, is standard at £10m and will protect you as the employer against claims from your staff should whilst working for you.
Public Liability cover
Public Liability cover protects you if a customers or a member of the public is injured, or their property is damaged. Public liability insurance 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.
Legal expenses cover for IT consultants
Legal expenses insurance is there to provide financial protection against the costs incurred through defending a claim. The cover will pay your legal defence costs and any associated legal fees.
Business Interruption insurance covers the loss of income suffered as a result of an insured disaster occurring, such as a fire or flood damaging your premises, resulting in a loss of trade for your business. This could be vital to some businesses dependent upon the length of time they are unable to trade.
Why you need IT hardware or software procurement consultants insurance
Ensuring that your business is protected should be a vital consideration to protect against the event that someone places a claim against you.
One key aspect that stands The Insurance Octopus apart when it comes to IT Hardware or Software Procurement Consultants is the broad range of Professional Indemnity insurance available from a range of UK insurers. You can also include a range of extra covers including Public Liability, Employees Liability, Property & Contents Cover, Laptop Cover, Business Interruption Cover, Hacker Damage, Personal Accident and Legal Expenses to ensure your business is protected come what may.
The Insurance Octopus will endeavour to put a tailored business insurance package together for your exact business or personal needs with the relevant level of cover for you.
Specialists in providing protection for professionals and professional service based firms
The right cover for your business
If you’re ready to take out an insurance policy, one of our insurance specialists will be available to guide you through the process and create a tailored policy which will include all of the cover you will need to protect your financial security.
Flexible payment options
We can provide you with your business insurance and documents on the same day in most cases, offering a range of flexible payment options, including Direct Debit.
Why choose The Insurance Octopus?
We proudly make buying insurance different and our cover comes with a range of benefits.
Up to £5 million of cover
Claims can be expensive, that’s why we offer up to £5 million worth of public liability cover. With more available upon request.
Fast 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.
An expert who 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 cover
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