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Professional Liability Insurance for Financial Analysts

Quote and buy professional liability insurance online in minutes.

What is financial analyst professional liability insurance?

As a financial analyst, you’re often called upon to make recommendations and decisions based on complex and constantly changing data. Unfortunately, you could also be sued by a client if they believe that you’ve committed an error or omitted critical information during your role as a financial analyst.

Many financial analyst firms have some form of commercial general liability insurance in place. Typically, however, these types of policies don’t cover claims based on any professional services or advice. As a result, you could be sued and held personally responsible for any financial damages that result from errors in work you have done or advice you have provided.

Fortunately, our EasyCover tool allows you to purchase financial analyst professional liability insurance. This unique form of insurance can help cover court expenses should you face legal actions stemming from any professional services or advice you may have offered during your role as a financial analyst.

Best of all, securing your coverage is incredibly straightforward with our easy-to-use online tool. Get a free professional liability insurance quote, confirm your coverage and pay for your policy—all in less than five minutes. It’s the fast and easy way to get affordable and effective coverage.

Common
claims scenarios for financial analysts

Calculation error

A miscalculation in investment returns makes management choose an alternative with lower ROI compared to other options. The company will seek reparation for the cost of opportunity.

Breach of contract

Your client expects a financial report from you, but you miss the deadline and cause financial loss to the company. You will most likely will be held responsible.

Change in market conditions

Unforeseen market conditions cause the suggested investment to perform poorly. This results in financial loss for your client. The client says that you did not explain the risks properly.