An educational consultant was retained by a school system to design a curriculum to improve standardized test scores. After the new curriculum was implemented, the school system sued the consultant because test scores declined.
Professional Liability Insurance for Educational Consultants is also known as errors and omissions insurance. It is designed to provide financial protection from damages and expenses (such as legal fees and court costs) that result from allegations made by your client that you caused them a financial loss or interruption of service with regards to how you did or didn't perform your professional duties as a consultant.
DID YOU KNOW?
Personal insurance policies – homeowners, umbrella, etc. – specifically exclude coverage for professional risk.
Unfortunately, even the most altruistic of intentions has unforeseen consequences. Anyone who provides their expertise in return for compensation opens themselves up to professional liability exposure. Keep in mind that even groundless or frivolous lawsuits must be defended against. The financial impact of not having the proper protection in place can be catastrophic.
Fox Point Programs can help. We offer a professional liability product tailored to the needs of Educational Consultants. Coverage features:
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Policy Limit (up to $2M) and deductible (starting at $0) options desired
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Access to a hot line staffed by legal professionals
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Provision of an advocacy defense in the event of a claim
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Superior customer service
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Carriers rated "A-" (Excellent) or better by A.M. Best for their financial stability and claims-paying ability.
