What is recruitment consultant insurance?
Access a range a covers designed for recruitment professionals
As a professional recruitment consultant your clients will be expecting a professional, sound and expert service to help them to find the right candidate for the job. Making recommendations for businesses who will then rely on your advice makes you liable if someone deems that advice to be bad. Having a comprehensive Recruitment Consultant Insurance policy in place will protect you should a client decide to make a claim against you should they believe any advice or recommendations you give to be negligent and cause them damage in any way.
What your recruitment consultant insurance policy includes
Professional Indemnity insurance for recruitment consultants
Professional Indemnity Insurance, or PI 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 made in during your work. Professional Indemnity cover limits from £50,000 to £10m.
Employers’ Liability cover
Employers’ Liability insurance cover 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 insurance
Public Liability cover protects you if a customers 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 insurers’ terms and conditions.
Protect your business against the high costs you could otherwise incur due to defending a claim.
Optional covers for your profession:
Business Interruption, Personal Accident, offshore working insurance and others are all additional add-on covers that can be added to your policy as and when required.
Why you need recruitment consultant insurance
Because being a Recruitment Consultant means you give professional service which involves some form of advice, your clients have an expectation of receiving expert guidance and a good standard of service. If this service is not received, the client could then make a legal claim for compensation and the potential costs to your business if a claim is made can be extremely high. It’s important to ensure you’ve got the right cover in place to protect your financial security as if a claim is successful, there may also be a compensation sum to pay.
The Insurance Octopus will help you to put together a business insurance package specifically tailored to the needs of your business by working with a selection of UK insurers providing the widest choice of Professional Indemnity insurance which is vital for consultants. By having flexibility with your insurance policy from The Insurance Octopus, you can make sure your insurance provides exactly the cover you need.
Professional Indemnity cover brokers
We specialise in providing Professional Indemnity Insurance across a number of professions and trades. With us you will always get a bespoke policy that ensures you only pay for the cover you need.
Helping you spread the cost of cover
In most cases, we can provide you with your cover and related documents on the same day (subject to time of day restrictions), and to help with the costs of insurance we can offer to spread the payments across a number of months via our direct debit facility
Why choose us for your Recruitment Consultant Insurance?
We proudly make buying insurance different and our cover comes with a range of benefits.
Up to £5 million of cover
We can't stop accidents from happening but our Professional Indemnity insurance will give you up to £5m worth of cover - with up £5 million worth of public liability insurance cover also included.
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.
Specialists who understand your profession
Connecting you with agents who specialise in your field. They understand many of the challenges you face, & can tailor a policy to your needs.
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.
Octopus customer rewards
We pride ourselves on the value we offer our customers, and with Octopus Customer rewards we give our customers a few additional benefits to their insurance such as discounts and offers to save them money.
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.