The responsibilities of business consultants are quite important nowadays, as wrong advice or a mistake in strategic planning or human resources can cause significant financial harm to the client. Insurance of these executives with a professional liability contract becomes necessary.
Some of the cover we will provide
- Compensation for third party claims resulting from negligent or erroneous exercise of the profession
- Loss of documents
- Amount of possible out-of-court settlement
- Violation of intellectual property rights, breach of duty or breach of confidentiality
- Extended reporting period