What is Agricultural Consultant Insurance?
Your role as an agricultural consultant sees you give professional advice and recommendations to businesses who rely on your specialist knowledge to help them use and manage their agricultural land.
If a client makes a claim against you for loss, injury, or damages, caused by your professional negligence, your Agricultural Consultant Insurance will help to mitigate your financial losses.
This type of insurance can include a number of different types of cover, but the backbone of an Agricultural Consultant Insurance policy is professional indemnity (PI) insurance.
Agricultural consultant professional indemnity cover
If a client believes that a breach in your professional duty has caused their business financial or trading loss, you could be held liable for those losses and any associated damages.
For example, a disease has spread through a farmer’s livestock, infecting several animals that need to be put down. The farmer believes this is due to your negligence in failing to recommend the appropriate preventative measures and makes a claim against you.
Professional Indemnity Insurance will protect you and/or your business against the cost of financial losses, legal action, and compensation payments.
The level of indemnity can be tailored to your needs. Our brokers will discuss your requirements to make sure your cover is sufficient for the risks you’re exposed to.
What additional cover might an Agricultural Consultant need?
In addition to PI insurance, you will need to consider employers’ liability insurance, public liability insurance, and legal expenses cover for your agriculture consulting services.
Employers’ liability insurance for farming consultants
If you employ anyone else in your business, you’re obligated by UK law to have employers’ liability insurance.
This cover will protect you in the event an employee suffers an injury or falls ill during the course of their work for you and makes a claim against you. Your employers’ liability insurance will cushion you from the cost of compensation and legal costs.
Public liability insurance for Agricultural Consultants
Public liability insurance for agricultural consultants forms another important part of your policy.
This will provide cover should a client or a member of the public claim to have suffered a loss or injury, or incur damage, as a result of your business activity. Your policy can provide cover for your activities at your own place of business and/or a clients’ premises.
Legal expenses insurance
If you were faced with legal costs, could you afford legal representation out of your own pocket? Legal expenses insurance could help to cover the cost of a claim, defence, and compensation should you require it.