Management Trainers Professional Indemnity Insurance
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Management Trainers are not simply faced with claims for breach of specific or implied contract terms, but are vulnerable to allegations and claims of negligence arising from failure to meet client expectations. The right professional indemnity insurance is essential.
Management Trainers Professional Indemnity Policy Highlights
- Competitive premiums
- Worldwide cover (exc. USA/Canada)
- Flexible limits of indemnity from £100,000 upwards
- Costs & expenses covered additional to the indemnity limit
Management Trainers professional indemnity insurance provides vital cover you need
Projects undertaken by Management Trainers may involve the identification of best practices, change management, technology implementations, and strategy development amongst many others areas. The degree of skill and care required remains that which should reasonably be expected of a competent person in that profession. Exposure to a potential professional indemnity claim exists in any situation where a client makes a business decision based on the perceived skill or expertise of the consultant.
Client demands place greater responsibilities on those providing professional services than ever before, and greater contractual responsibilities leave consultants more vulnerable to being sued.
Scope of cover
- Cover in respect of claims for negligence and breach of duty of care
- Infringement of intellectual property rights
- Defamation – innocent libel and slander
- Dishonesty by a director, employee or self-employed person contracted to you and under your supervision
- Mitigation of Loss – reasonable costs and expenses incurred to prevent or reduce the cost of a potential loss
- Loss of Documents – costs incurred replacing or restoring documents
- Defence Costs – legal costs incurred in the investigation, defence or settlement of a claim
- Compensation for court attendance in connection with a claim
- Cover for costs incurred for representation at tribunals and hearings
Policy wordings can differ
Professional Indemnity Proposal Form
We understand that your requirements may not be as simple as the questions asked on our online quote and buy system, therefore we ask that you complete our proposal form and send a completed copy to [email protected]. A member of our team will be in touch with you shortly.