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Why Does a Management Consultant Need Insurance?
Management consultants sell expertise, which can be challenged when outcomes fall short. Even solid work can lead to disputes over scope or assumptions. Insurance helps cover defense and settlement costs tied to professional claims, along with everyday risks like onsite property damage, lost laptops, or data incidents. In California, proof of coverage also helps speed contracting and procurement.
What Does Management Consultant Insurance Cover?
Management consultant insurance covers professional liability for advice or deliverables, plus third-party injury or property damage. It can also include cyber protection, equipment coverage, hired auto, and employee-related claims, depending on how your firm operates.
A client says your recommendation caused a costly decision
A scope dispute turns into a contract claim
Sensitive files are exposed after a phishing incident
Management Consultant Insurance Made Simple
Everything you need to know about protecting your business, from coverage basics to real-world scenarios.
