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Professional Indemnity Insurance Consultants
Consulting is a wide area of business and not all consultants would need PI insurance. It all depends on the type of consultation your work entails. If you are a legal consultant a financial consultant or maybe an IT consultant, your line of work falls into the legal requirement category. Quotezone can help you find the cheapest and best offline or online UK quotes from brokers and providers who are experts in their field of PI insurance. Our extensive comparison quotes can be viewed quickly and it gives you a chance to compare results and decides which ones are best for you.
Do all Consultants have to have PI insurance?
Again, this depends on the nature of the work you do. IT, legal, medical, financial and services consultants all require PI insurance as form of protection against client legal action. If you are an IT consultant, for example and you cause damage to an entire office of computers you can be sued for damages by your client. If you are in the financial services consultancy area you are giving people advice about how to use, spend and save their money. If you make a professional error or are deemed as causing professional misconduct you can be sued. This can amount to a huge sum of money and having PI insurance will cover many of your costs.
Does the FCA regulate Quotezone?
Quotezone and its panel of members are regulated under the Financial Conduct Authority and must comply with all rules and laws laid down for the protection of clients.