
Professional Liability Insurance for Calgary Management Consultants
Calgary management consultants drive business transformation—but strategy comes with scrutiny. E&O insurance protects you from legal claims related to advice, planning missteps, or implementation issues.

Errors and omissions insurance for management consultants in Calgary
As a management consultant in Calgary, you can be sued by a client for causing them financial loss. Whether it was truly your fault or not, you’ll still need to cover those expensive legal costs! Luckily, EasyCover offers an easy way to get great management consultants professional liability insurance in Calgary. Get a quote or even purchase a policy online whenever and wherever it’s convenient for you.
Interested in purchasing your professional liability online in minutes?
Acera Insurance offers EasyCover where you can get a quote, bind your policy and pay online in only a few short minutes. Get comprehensive coverage and affordable rates quickly and easily.
Here are some of the benefits of EasyCover:
- Get free online quotes 24/7
- No long, confusing applications to fill out
- Purchase and manage your policy online
- Support by phone, email or chat
- Option to bundle with other coverages
Is it mandatory for management consultants to have professional liability insurance in Calgary?
Professional liability insurance helps Calgary management consultants to work with confidence, knowing that they’re protected. But is this coverage mandatory? It depends.
Many clients prefer their management consultants to have professional liability insurance (sometimes known as errors and omissions or E&O insurance). It may even be a stipulation in the contract. If that’s the case, then yes, it would be mandatory for you to have the amount of professional liability insurance required.
Otherwise, it is optional for management consultants in Calgary to have professional liability insurance. However, we recommend you carry this protection because it acts as a critical layer of financial protection for you and your business. If you can’t afford the costs of a lawsuit out of pocket, this coverage is essential.
What does management consultants professional liability insurance cover in Calgary?
Professional liability insurance helps management consultants in Calgary cover legal costs if you’re sued for causing financial loss due to your alleged negligence in providing that service. This includes making a real or imagined unintentional mistake. Legal costs include defence expenses, settlements and judgement awards – with coverage up to your chosen policy limit.
Here at EasyCover, we offer three levels of protection for management consultants:
- $1 million
- $2 million
- $5 million
Depending on which level of protection you choose, that will be the maximum amount that is paid out by your management consultants’ professional liability insurance. In Calgary, management consulting firms will typically choose a policy limit based on the likelihood of a lawsuit and expected costs, the value and number of contracts, and contractual requirements. It’s important to remember that no matter how many claims you make in your 12-month policy period, the policy limit is the total amount that will be paid out.
One bonus of choosing EasyCover is our Calgary management consultants’ professional liability insurance includes “retroactive cover.” This means you’re covered for claims brought during your policy period that relate to negligent mistakes or acts committed by your business prior to your policy start date. You can choose to cover from a date of your own choosing or back to when your business was established. needs based on the likelihood of lawsuits, contractual requirements, and the projected cost of a lawsuit.

Management consultants insured by EasyCover in Calgary
EasyCover has insured the following types of management consultants in Calgary:
- Business analyst
- Business/management consultant
- Business continuity consultant
- Business recovery consultant
- Business development consultant
- Change management consultant
- Compliance consultant
- Data analyst
- Health and safety consultant
- IT consultant
- Logistics consultant
- Management consultant
- Oil and gas consultant
- Project management consultant
- Risk management consultant
- Strategy consultant
If your profession isn’t listed above, don’t worry. This isn’t a comprehensive list and if your business activities are out our scope we can refer you to trusted insurance partners.
The Cost of Management Consultants Professional Liability Insurance in Calgary
The cost of professional liability insurance in Calgary for management consultants will depend on your individual situation. Here are some examples:
- A finance management consultant who earns $165,000 per year as a sole proprietor in Alberta may pay an average of $748 per year for basic professional liability coverage.
- A management consultant who earns $130,000 per year may pay an average of $715 per year for basic professional liability insurance. Cyber liability and commercial general liability coverage cost an extra $500.
The following factors are considered when calculating rates for Calgary management consultants’ professional liability insurance:
- Your industry
- Your operations
- Your insurance history
- Where you are located
- Which provinces that you operate in
- Your coverage options
- How many clients you have
- The value of your contracts
- How many employees you have
- …and more
The best way to assess how much you may be paying for your management consultants’ professional liability insurance in Calgary is to get a free no-obligation quote today through EasyCover’s easy online tool.
Optional commercial coverages for professional consultants in Calgary
We recommend management consultants in Calgary carry professional liability insurance. However, there are additional business insurance coverages provided by through EasyCover that you might consider such as cyber liability, commercial general liability and directors and officers (D&O) liability
Your business may not require all of these, however, most businesses carry commercial general liability and we strongly recommend cyber liability given the rise in data breaches and cyberattacks.
Commercial General Liability Insurance (CGL)
Commercial general liability insurance, sometimes known as CGL insurance, protects your business if a client or third party is injured or their property is damaged due to negligence by you or an employee. For example, if a client is visiting your office and they slip and fall, hurt themselves and decide to sue you. CGL coverage would respond and provide legal defence
Commercial general liability insurance is considered a “bare minimum” coverage for all businesses. If you have professional liability but leave out this important protection, your business may be vulnerable. The minimum coverage offered by EasyCover for commercial general liability is $1 million but you may choose much higher limits.
Directors and Officers Liability Insurance
If your business has a board of directors, you should consider this coverage option to protect these individuals as well as the corporate entity, in the event they are sued personally for covered wrongful acts taken by a Board. Directors and officers liability insurance, also known as D&O insurance, is designed to offer protection for directors and officers for claims that are made against them by creditors, customers, vendors, and regulatory bodies. This coverage may also reimburse the corporate entity if they have indemnified a director or officer for these covered claims.
It’s important to note that claims arising from fraudulent, dishonest and willful conduct are not covered.
Cyber Liability Insurance
As businesses depend more and more on technology, Cyber liability insurance is a growing necessity. Cyber liability insurance can help cover the costs associated with a data breach or network security hack. This includes legal expenses, lost business income, extortion fees, regulatory fines, digital asset losses and more.
Why should management consultants in Calgary choose EasyCover for professional liability insurance?
Why do management consultants in Calgary trust EasyCover to give them peace of mind? EasyCover offers great professional liability insurance coverage that’s fast and easy to get. We’re committed to helping Calgary management consultants easily acquire professional liability insurance.
You can get a free Calgary management consultants’ professional liability insurance quote online 24/7 through EasyCover. All that we need from you is to answer a few questions about who you are and what you do, such as:
- Industry
- Physical location
- Daily operations
- Contact information
- Staff team
- Insurance history
- Coverage options
We want your business to have the coverage it needs so that you can work with confidence. We make it easier to get comprehensive coverage. Begin today with an easy, quick management consultants’ professional liability insurance quote in Calgary.
Ready to get your free professional liability insurance quote?
Simple answer a few questions to immediately receive a quote, bind your policy and pay online in only a few short minutes.