An accusation of slander or financial loss caused by your advice could result in a costly legal battle. Career coaching insurance can help cover lawsuits, property damage, medical bills, and more.
These policies provide coverage for the most common risks career coaches face.
A business owner’s policy bundles property insurance and general liability in one plan. A BOP is often the most cost-effective type of commercial insurance for career coaches.
This policy, also called errors and omissions insurance, can help cover expenses if a career coach is sued for unsatisfactory work, such as a claim that your advice caused financial loss.
Workers’ compensation insurance is required in almost every state for career coaching businesses that have employees. It can cover medical bills for work injuries.
This policy covers common business risks, such as client property damage during career coaching. Bundle with property insurance for savings in a business owner’s policy.
You’re in the business of giving transformative career advice, but sometimes it doesn’t pan out. A client’s expectations can be high, and if not met, you could be sued. Fortunately, coach insurance can protect you from lawsuits and numerous other unique risks you face in the career coaching field.