Business advisor insurance covers the profession that owner-managers turn to before they bet the company. Growth plans, funding applications, pricing decisions, succession: an advisor’s guidance reaches the parts of a small business where mistakes are least affordable, and when a plan built on your advice goes wrong, the client’s loss arrives with your name attached.
Professional Saver arranges business insurance for advisors, mentors and small advisory practices from £55* a year, with public liability as standard and professional indemnity scaled to the decisions your advice informs. Get a quote online in five minutes; documents arrive the same day.
Professional indemnity insurance is the core of the policy, because advice is the product. If a client alleges your guidance caused them financial loss, a growth plan that overreached, funding advice that failed its purpose, a restructuring that cost more than it saved, professional indemnity insurance pays the compensation and the legal costs of defending the claim. The defence matters most: small business outcomes have many causes, and proving your advice wasn’t the negligence in the story is exactly the argument that’s ruinous to fund alone.
Public liability insurance covers the physical side of advisory work: client premises visits, workshops and meetings. If a client or third party suffers injury or property damage around your work, public liability insurance covers the compensation and legal fees, with £1 million as standard and options up to £10 million.
Business contents insurance and equipment cover protect the laptop and kit an advisory practice runs on (£100 excess), and employers’ liability is a legal requirement in most cases once you employ anyone. Sole trader or limited companies, the same logic applies: the covers follow the advice and the people, not the structure.
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