BIN Digest

Nowadays, many employers require consultants and contractors to carry liability insurance. This specifically applies to marketing consultants. Marketing consultants, whether a small firm with a few employees or an independent contractor, are liable for any losses directly related to the work they do for a client. In order to ensure that they are compensated for any losses, employers protect themselves by requiring that the contractor be insured. The types of insurance required usually included are:

• General Liability Insurance
• Professional Liability Insurance
• Worker’s Compensation Insurance

Having a comprehensive liability insurance package is also wise for the consultant. Legal defense fees are often so exorbitant that they can easily sink a small business. Having the proper insurance protects your business from going under in the event of a lawsuit.

To learn more about marketing consultants insurance, visit the TechInsurance resource center. There you can find valuable business and insurance advice from seasoned experts. The resource center provides detailed, in-depth information on all types of consulting insurance.