A lawsuit over an injury during a team-building activity or substandard training could be costly. Ensure that you're covered with business insurance policies designed for corporate coaches.
These policies provide coverage for common corporate consulting risks.
A BOP bundles property insurance and general liability insurance under one plan. It's often the most cost-effective commercial insurance policy for a corporate training consultant.
This policy, also called errors and omissions insurance (E&O), can help cover legal expenses if a corporate coach is sued for unsatisfactory work or a professional error.
Workers’ compensation insurance is required in almost every state for corporate training businesses that have employees. It can cover medical bills for work-related injuries.
This policy covers common corporate training risks, such as a client injury during a training session. Bundle with property insurance for savings in a business owner’s policy.
Since corporate training involves dynamic interaction with businesses and their employees, you are susceptible to lawsuits involving property damage and physical injuries. When a dissatisfied client sues, corporate trainer insurance can help cover the cost of hiring an attorney and other expenses.