Why do Consultants need insurance?

You offer game-changing results for your clients; we offer a game-changing way to get your insurance. With just a few clicks or a phone call, you’ll get multiple competitive quotes from some of Australia’s leading insurers. Select your preferred policy and you’ll be covered instantly, so you can continue running your business.  


Did you Know?

If you’re a consultant working as a sole-trader you are personally responsible, both legally and financially, for all aspects of your business. In other words, there is a potential for you to have enormous liability exposure, which may affect your personal assets if things go wrong. 

Insurance for Consultants

Professional Indemnity*

There are literally hundreds of different consulting professions, yet all are required to provide a professional service or specialist advice.  Professional Indemnity insurance is designed to protect you from losses claimed by clients that are incurred as a result of your actual or alleged negligence or omission in the provision of your professional service or advice.  

Your Professional Indemnity policy, will cover the award of compensation payable to a third party together with your defence costs (which can include legal fees, investigator fees and expert fees)   

Examples of some of the many consultancies  who can take out Professional Indemnity Insurance through BizCover include: 

  • Agricultural Consultants 
  • Agronomist 
  • Anthropologist 
  • Asset & Facility Management Consultant (Non-financial assets) 
  • Auctioneer (Non-real estate) 
  • Cartographer 
  • Community Development Consulting 
  • Corporate & Business Consulting 
  • Cultural Consultant 
  • Export Consultant 
  • Film Production Advisory Consultants 
  • Fundraising Services (for not for profit entities only) 
  • Geophysicist 
  • Land Economist 
  • Land Surveyor 
  • Life Coaches 
  • Marriage Counsellor 
  • Personnel Consultant 
  • Photography (consultants and photographer) 
  • Procurement Consultants and Probity Advisers 
  • Public Relations 
  • Resettlement Consultant 
  • Residential Property Presentation Consultant 
  • Safety Consultants 
  • Shipping & Forwarding Agents 
  • Social Worker 
  • Telecommunications Consultants 
  • Tourism Consultant 
  • Valuers (antiques and art only)  
  • Weight Loss Consultant 

^Accurate as at  September 2019 

Public Liability Insurance*

Public Liability insurance is a no brainer for all types of consultancy services. Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public are injured or sustain property damage as a result of your negligent business activities.

Meeting with your clients, either at your office or if you visit them at their premises, means you’ll be exposed to potential mishaps and accidents – think of a client tripping over at your premises or if in the excitement of presenting your proposal at their office you knock over that expensive art work.

Business Insurance*

Your clients bring in your income, but where would you be without your business assets?  

Business Insurance is an insurance package designed to provide cover for your business contents, stock, tools and commercial premises when an insured event occurs (such as fire, storm, theft or even accidental damage).  A Business Insurance package can also cover your portable equipment, glass and for loss of revenue due to business interruption in specified circumstances.  In addition, cover is available for public liability, tax audit, employment practices and statutory liability risks. 

Cyber Liability*

Consider the client data you may storing and the consequences if your systems were compromised.  

A cyber liability insurance policy is designed to help protect you from claims and support your profitability in the event of a cyber breach or attack. Costs associated with defending a cyber claim are also covered.  Examples of the types of risks Cyber Liability insurance can assist with are inadvertent loss or release of customer personal information, cyber crime, cyber extortion/ransomware and business interruption due to a cyber event. 

*As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy document.  The information contained on this webpage is general only and should not be relied upon as advice.

Common causes of claims

  • Providing inadequate or incorrect advice
  • Lack of appropriate due diligence & allegations of negligence
  • Misstatement or misinterpretation
  • Dissatisfaction with timeliness of completing work
  • Confidentiality breaches
  • Fraud and dishonesty
  • Conflicts of interest

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Tried a broker, the quote was exorbitant and the process onerous. A colleague recommended BizCover and he was right – quick, easy and competitively priced. I shall happily recommend. Many thanks.

Andrea O

Easy and best price I’ve found for great cover. The trifecta. I’ve also found the phone help to be excellent in the past, quickly sorting my queries out.

Clare P

Great insurance provider for my business. Customer service staff are very helpful and resolved issues quickly and efficiently. Thank you BizCover!

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Excellent! User interface was easy to use, clear and concise. Way ahead of the competition!

Bruce M

Referred by a Friend & found this insurance about half (the price) of other quotes for the same cover. Great outcome.

Kerry W

I love it. The online service is easy to navigate. No time out and its very user friendly. BizCover did find me the insurance products from one of the well known insurance companies in Australia at a very good price.

B. L

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