Professional Indemnity Insurance for Business Coaches

Professional Indemnity insurance provides essential financial cover and protection for Business Coaches in the event a claim is made against them for an error or omission that may make during the course of their work.

A Business Coach is a person who helps other business people/businessman as well as businesses grow and develop new skills to succeed and excel in whatever business they conduct. The can help people, set goals, create strategy, following through with ideas and direction, measuring results and refining strategy. Click here for a quote now.

As Business Coaches you are helping other business people and professionals change the way they do things and helping them grow themselves. This sort of responsibility comes with some pressure as a professional. That is why it is important to protect yourself in the event where an error or omission may be made.

Some of the main roles of a Business Coach are as follows:

• Helping other businesses find issues with heir current business and help implement ideas/techniques/plans to fix or change what they are doing. • Improving time management skills and efficiencies • Creating and implementing plans for growth and development • Helping employees cultivate the skills they need to succeed

With all of these different jobs and applications there is a magnitude of possibilities where a mistake or omission could be made as a Business Coach that could leave the client financially burdened. If this was to happen the client could make a claim against the Business Coach for this financial loss. Below is a list of some key exposures for Business Coaches are:

• Poor/Negligent advice given to a client regarding their business • Poor/Negligent implementation of plans prepared for a client • Missing or neglecting areas of growth and development in an employee/client

The above represents some of the key exposure and in no way all of them. If you need more information please contact is directly.

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