Consultant (general)

The pricing variables for this profession.

Annual revenue and engagement type. Strategy consultants typically pay lower premiums ($500-$1,000/yr) because deliverables are advisory rather than implementation. Implementation consultants pay more ($1,000-$1,500/yr) because client losses from failed implementations can drive claims. The lowest-risk consulting work (executive coaching, organisational development) gets to the $500 floor.

Which insurers fit this profession.

What the policy needs to include.

Most consultants need $1M per occurrence / $1M aggregate at minimum; some enterprise clients require $2M+. Defence-outside-the-limit is valuable because legal-defence costs in advisory disputes can be material even when the consultant ultimately prevails. Prior acts coverage essential — claims often surface 12-24 months after the engagement.

What this profession actually gets sued for.

Breach of contract (client claims deliverable didn't meet scope), professional negligence (consultant gave bad advice and client suffered loss), missed deadlines causing client business interruption. Most claims settle pre-litigation but defence costs accumulate.