Professional indemnity insurance for a Business Coach
A Business Coach is someone who helps other businessmen and employees develop business and life skills including setting goals and career planning.
Why does a Business Coach require professional indemnity insurance?
The general responsibilities and duties of a Business Coach include the following:
- Helping other businesses in succeeding by pointing out the problems and focusing on their unique selling point
- Helping other business increase their sales and profitability
- Improving time management and productivity
- Devising tools and applications for businesses to improve efficiency
- Helping employees realize different skills and capabilities that they might unknowingly have
Carelessness or negligence in any the above mentioned duties performed by a Business Coach might lead to a claim against them. Professional indemnity insurance protects a Business Coach from claims by dissatisfied clients, providing a financial safeguard from litigation.
Public Liability Insurance for Business Coach
If you or any of your employees visit a customers premises your actions could cause an injury to another person. Similarly, if an accident happens whilst a member of the public comes to your place of business and they are injured you could be held liable. Public Liability Insurance protects you in the event that such accidents occur and a claim is subsequently made against you.
Public liability insurance also covers you if damage is caused to third party property while at the customers business. An example would be if an employee broke a valuable item while making a delivery at a customer's home. The claim to replace the item would be covered by public liability insurance.
Key exposures for a Business Coach:
- Failure to help a client recognize ways in which he can improve the effectiveness of his business.
Why purchase your Professional Indemnity Insurance through Express Insurance?
With Express Insurance, you can source a PI quote in seconds, and have the option of adding Public Liability Insurance. You can then proceed to buy the insurance and produce your Certificate of Insurance in minutes, or alternatively save the quote back to your email account for buying later.
And we save your details on Renewal of your insurance, making the process of renewing your PI Insurance even easier and quicker.
Throughout your experience with us our team of highly experienced PI specialists are a phone call away !
Please Note: Coverage under the policy will be subject to the particular circumstances relating to a claim and the full terms and conditions of the policy.