As a Marketing Consultant, the consequences of any errors or omission in your work could impact heavily on your clients. If a client should pursue you for compensation to recover a financial loss, Professional Indemnity Insurance covers your legal defence costs and damages awarded against you.
The core cover – Professional Indemnity insurance – relates to the advisory element of your work. If you make errors in the advice that you give, or omit to give important advice, the consequences could be significant and the client may choose to take legal action for compensation.
Professional Indemnity Insurance helps you defend such claims and you can choose a level of indemnity of up to £5m to pay towards your legal costs and damages awarded against you. Our policy works on a ‘claims made’ basis, meaning that if you receive a claim whilst your policy is in force, it will be covered even if the claim relates to work you did before you took out the policy. This effectively gives you full retroactive cover for your previous work.
As well as Professional Indemnity cover, you can add any of these additional covers to your policy:
Thankfully, claims against Marketing Consultants are rare. When such claims occur though, they can be costly, complex and time-consuming. Because compensation claims are a legal matter, it’s important that you get the right advice quickly, should the worst happen.
Professional Indemnity cover provides this support through ourselves, the AXA claims team and where necessary, a solicitor to help you defend the claim. Rather than pay for any legal support upfront, you simply report the claim and we will guide you through the process.
As part of Bridge Insurance Brokers – one of the UK’s Top 50 brokers – we hold ‘Chartered Insurance Broker’ status. This is in recognition of our technical knowledge, capability and ethical business practices. We arrange cover for Marketing Consultants with AXA Insurance UK – an established insurer with a strong reputation for claims service. You can spread the cost of your insurance with us through interest-free instalments.
As an Independent Professional, the cover you need to protect yourself from compensation claims needn’t be expensive. You can get an indicative quote very quickly, be covered within minutes and spread the cost through interest-free instalments. All of our policies include Professional Indemnity cover – with full retroactive cover – as standard, with cover provided by AXA Insurance plc.Start your quote
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