Insurance for investigators

Professional indemnity

In case a client loses money because of your advice, services or designs.

What’s typically covered by insurance investigators professional indemnity insurance?

Claims against your business for:

• financial losses and costs related to your professional advice
• problems in the work that you do, which need further expense to solve
• negligence and other oversights that cause losses for a client

For example :

• your business is held responsible for a loss-causing data breach
• a previous client sues for delays in your contracted services, preventing them from taking on a new brief
• you advise a client on how to introduce a product – they blame you when sales are low

Read more about professional indemnity insurance

Public liability insurance

In case your business and products cause an injury or property damage.

What’s typically covered by public liability insurance for insurance investigators?

Claims against your business for:

• damage to someone else’s property while you’re working, or because of your work
• injury to someone as a result of your work
• accidental injuries caused by your employees at work

For example:

• you’re with a client and you accidentally spill coffee onto their designer handbag, causing a permanent stain
• your client trips over your laptop charger cable while you’re setting up for an appointment, breaking their wrist
• your employee damages a neighbouring business’s property while bringing equipment into your premises

**If you do employ anyone, you’re usually required by law to have employers’ liability insurance too.**

Read more about public liability insurance

Employers’ liability insurance

In case anyone gets ill or injured while working for your business

What’s typically covered by employers’ liability insurance?

Claims against your business for:

• injuries to staff (including casual labourers and contractors) that are caused as a result of your business
• illness suffered by an employee (including temps and casual workers) caused by working for you

**Employers’ liability insurance is required by law if you have people working for you. Without it, you could be fined up to £2,500 a day for each employee.**

For example:

• your office manager breaks their finger while trying to close a faulty window at your business premises
• your receptionist trips over a cable running across the floor of your office, breaking their ankle
• a temp worker scratches their arm on one of your tools, and the injury becomes infected

Contents insurance

In case something happens to your fixtures, fittings, or operational equipment.

What’s typically covered by business contents insurance?

Claims against your business for:

For example:

• a vintage glass cabinet is badly damaged following a break-in at your premises
• a leaking radiator damages some office furniture, which needs replacing or restoring
• the camera you use to take photographs of stock is stolen from your office

Read more about business contents insurance

Business legal insurance

In case you’re hit with legal expenses connected to your Insurance investigator business.

What’s typically covered by business legal insurance?

Claims against your business for:

• costs and expenses for legal representation to recover debts or unpaid invoices
• costs and expenses following identity theft
• tax protection if there’s an investigation into your business

For example:

• one of your clients is unhappy with your work and believes you haven’t met the contractual requirements – as a result they’re refusing to pay their outstanding invoice
• your CEO’s contact details are used by a fraudster to set up a new line of credit with a business bank
• HMRC is investigating your recent tax return as they noticed a fluctuation in your business income

Read more about business legal insurance

Excess insurance

In case you need to make a claim on your insurance policy.

What’s typically covered by excess insurance?

Claims made by you for:

• when you make a claim on a cover included in your [TRADE] insurance policy, you won’t need to pay excess

For example :

• after a heavy storm you need to make a claim on your building cover – you don’t have to pay the £250 excess thanks to your excess insurance
• a leak in the bathroom causes a guest to slip and injure themselves and thanks to excess cover, there’s no excess to pay on the claim
• a tenant’s suitcase scratches the wooden flooring in your hallway – you won’t have to pay any excess on your accidental damage claim