For IT consultants, you can get sued for providing wrongful advice that results in your client suffering losses. Such cases are common when advising on things like software design, database architecture, servers, etc.
It's standard industry practice for IT consultants to purchase Professional Indemnity Insurance.
Professional indemnity insurance covers you from liability stemming from your consulting work. It protects you from negligence, errors & omissions, sub-contracted work (e.g. outsourced consulting), and much more. This is an essential protection for any type of consultant. Annual premiums can start from as low as $600 - that's about $42/month, which is probably less than than you'd spend on food in a week...
Provide helps you get online consultants insurance quotes within minutes. With Provide's online platform, you'll save up to 25% on premiums.
For IT consultants, you can get sued for providing wrongful advice that results in your client suffering losses. Such cases are common when advising on things like software design, database architecture, servers, etc.
It's standard industry practice for IT consultants to purchase Professional Indemnity Insurance.
Professional indemnity insurance covers you from liability stemming from your consulting work. It protects you from negligence, errors & omissions, sub-contracted work (e.g. outsourced consulting), and much more. This is an essential protection for any type of consultant. Annual premiums can start from as low as $600 - that's about $42/month, which is probably less than than you'd spend on food in a week...
Provide helps you get online consultants insurance quotes within minutes. With Provide's online platform, you'll save up to 25% on premiums.