Marketing Consultant Insurance

Marketing Consultant Insurance

Protect your livelihood and reputation with a low-cost marketing consultant insurance policy.

Zensurance - Marketing Consultant Insurance

Partnerships with over 50 leading Canadian insurance providers

marketing contractor

Insurance for marketing consultants

As a marketing consultant, you strive to help your clients attract and retain customers by developing effective strategies and tactics that align with their goals, values, and target audiences.

Whether you work independently for a small agency or a large national brand, you provide advice, create marketing strategies, design promotional materials, or manage advertising campaigns for your clients.

However, despite your best efforts, things don’t always go your way. Mistakes and accidents can happen, and you may be held liable for any resulting damages or losses.

Marketing consultant insurance is a type of insurance designed to protect marketing consultants from potential risks and liabilities that may arise in the course of their work. 

A tailored marketing consultant insurance policy from Zensurance is the backbone of your risk management strategy. 

Get the protection and financial security you need from potential liabilities, legal fees, and damages from unforeseen accidents or incidents and focus on growing your businesses worry-free.

Customized marketing consultant insurance can help mitigate your risks by covering potential liabilities. A typical policy for marketing consultants usually includes the following:

  • Professional Liability Insurance: Also known as errors and omissions (E&O) insurance, professional liability insurance protects against claims arising from mistakes or negligence in your professional work as a marketing consultant. It includes coverage for your media and advertising services if facing an allegation or legal action related to defamation, libel, and slander.
  • Commercial General Liability (CGL) Insurance: CGL provides coverage for third-party claims of bodily injury, property damage, or advertising injury (such as copyright infringement) that may arise from your business operations. Commonly called ‘slip-and-fall’ insurance, it provides financial support for bodily injuries and property damage allegations caused by your daily activities that may result from negligence or unexpected accidents.
  • Business Contents Insurance: It’s essential to protect your business contents if lost, damaged, or destroyed by fire, flood, theft, vandalism, or a natural disaster. Business contents insurance provides you with that protection. It covers your portable electronic devices like a laptop and mobile phone, office equipment such as a photocopier, merchandise or inventory, and the furniture in your workspace.
  • Cyber Liability Insurance: Cyber liability insurance covers losses or damages from data breaches, cyber-attacks, or other technology-related risks that may affect your business or clients.
  • Legal Expense Insurance: Hiring or retaining an experienced lawyer is expensive. By comparison, legal expense insurance is not. It provides coverage for your costs and expenses associated with various legal issues by providing access to legal services and representation without bearing the total cost of legal fees and expenses out of pocket.

The cost of a marketing consultant insurance policy is determined by your insurance provider, which considers a range of factors, including:

  • The industries you serve and the services you provide
  • Your location
  • Your years of experience
  • How many employees you have (if applicable)
  • Your insurance claim history
  • Your annual and projected gross revenue

We have over 50 insurance providers in our partner network and can offer you different options at a price that suits your budget.

Any marketing consultant, consultancy, or agency should have marketing consultant insurance to protect their finances and assets from damage, loss, or allegations of wrongdoing. 

A marketing consultant insurance policy can provide the financial support you need if you are sued, make a costly mistake, or face allegations of negligence, misconduct, or failure to deliver a service as advertised.

Getting insured is quick and easy!

Complete our 5-minute online application for a free marketing consultant insurance quote.

Common claims scenarios

marketing consultant devising strategy

Problem: You provide a client with advice for a new marketing strategy that hurts their brand and costs them money. The client sues you for damages.

Outcome: Your professional liability insurance may cover your legal expenses and any settlement reached out of court or ordered by a court.

victim falling for phishing scam

Problem: You fall for an email phishing attack that downloads malware onto your laptop and allows a hacker access to your client’s network and confidential data. Both you and your client are locked out of the client’s network until a ransom is paid.

Outcome: Your cyber liability insurance may cover the cost to restore your software and technology systems, cover any legal expenses that arise and credit monitoring services.

A business lawyer

Problem: A client you provided services to owes you several thousand dollars. Despite your patience and efforts to get them to pay you after several months, the client is no longer replying to your emails or taking your calls.

Outcome: Your legal expense insurance can cover your expenses to hire a lawyer to help with debt recovery and resolve the matter quickly.

Frequently asked questions

Is an independent marketing consultant required to purchase a business insurance policy?

Although it’s not a legal requirement to carry insurance, it is strongly recommended for a couple of reasons. First, your prospective clients may insist you have a policy, or they won’t hire you, and second, if you are sued or alleged to be responsible for damages, you’ll have to pay out of pocket if you don’t have a policy.

A client I’m working for has an insurance policy. Do I need to purchase insurance for myself?

Yes. Your client or agency’s insurance may not cover any liabilities you face, or their coverage may not protect you fully. Even an in-house consultant can be liable for damages if named in a claim or lawsuit.

If a client sues me because the marketing plan I designed and implemented for them fails to achieve the desired results, will insurance cover me?

Yes. A marketing consultant insurance policy includes professional liability coverage. It is designed to shield you from claims or lawsuits related to the advice you give and all of your professional services.

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Ready to start? Let’s get a quote!

Get the low-cost marketing consultant insurance policy you need easily and quickly through Zensurance.

Fill out our online application for a free quote. Our friendly, experienced brokers will shop our partner network of more than 50 insurance providers to find the coverage you need, customize it to suit your needs, and provide you with a certificate of insurance.