Business Consultant Insurance

Here is an example of the consultant types we can help:

• Management consultants
• IT consultants
• Financial advisors
• Marketing strategists
• HR consultants
• Technology consultants
• Business transformation specialists
• Energy consultants

Can’t see yourself on the list? Whether you’re self-employed or run a small business, it’s likely we can help. Get in touch with us today to explore your options.

Whether you work with corporate clients or small businesses, you might run into the following risks:

• A client claims negligence or incorrect advice has caused harm
• You suffer an injury that prevents you from working
• An employee suffers illness or injury as a result of their work

If you employ anyone to work for you (including volunteers), you’ll need to take out employers’ liability insurance as a legal requirement. If you are self-employed or contracted and work alone, you don’t need this.

Although not every insurer is the same, you’re likely to see some exclusions. Always refer to your policy wording to see what’s included and excluded. You may see the following exclusions:

• Intentional misconduct
• Criminal activities
• Uninsured events
• Undeclared activities

Business consultant insurance could cost from 23p a day*

Not all insurers are the same, so it’s difficult to give a solid figure for what you might be paying. The following will affect the price of your premiums: 

• Extent of cover - The more cover you opt for, the more expensive your package is likely to be. 
• Your insurer - The insurer you choose will also influence costs. 
• Experience level - Your insurer could take into account how long you’ve been qualified.
• Location  – Where you work is taken into consideration when calculating the price of your premiums. 
• Claims history - Whether or not you’ve had previous claims made against you or you have made previous claims may affect your future premiums.

_{*This price is for a trades and professions policy – 10% of customers who were sold with one of our panel providers paid £84.20 or less annually (excluding any additional administration fees) between 01/01/25 & 31/12/2025. Equivalent to £7.02 a month or £0.23 a day (and excludes the extra costs for paying monthly). Your actual policy and price may vary on your business requirements.}

Freelance consultants are often more vulnerable to risks and should consider the right insurance, including professional indemnity.

At Bionic, we support UK business owners and want to help in every way we can. That’s why we work with a panel of trusted insurers and carry out a business insurance comparison to find the right one for you. Get in touch with us today by starting a quote online.