Error and Omission Liabilities for Marketing Consultants
As a marketing consultant, you are rarely judged on tangible factors. As a result, it is important to have errors and omissions coverage for your company or private practice. Since you don’t technically deliver a tangible product in most cases, it can be very easy for your client to allege that you didn’t actually “deliver” what was promised.
Marketing consultants can be difficult to analyze in terms of risk and liability, so it’s better to be safe than sorry when dealing with insurance coverage. General liability insurance will not be enough to cover your company when allegations of errors or omissions with your work are brought against you.
Thankfully, there is a separate business insurance option known as professional liability insurance for Marketing Consultants. This specifically tailored insurance policy covers you the consultant where you need it most. Hopefully you will never have to make a claim on your policy, but you should rest assured that if you ever need to, the proper coverage will be in place.