
Professional Liability Insurance for Saskatoon Management Consultants
Strategic decisions have consequences. E&O insurance for management consultants in Saskatoon helps protect against client claims related to operational advice or business outcomes.

Errors and omissions insurance for management consultants in Saskatoon
Management consultants can help Saskatoon businesses solve problems, take advantage of opportunities and navigate changes. This also means they can be blamed if things go wrong. Luckily, there’s professional liability insurance in Saskatoon to help cover the costs if you’re sued for causing financial loss as a result of your professional service or advice. EasyCover makes it simple for Saskatoon’s management consultants to get professional liability insurance because we’re online and provide great coverage for a good price.
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
Understanding E&O insurance for management consultants in Saskatoon
What’s covered by professional liability insurance for management consultants in Saskatoon?
Professional liability insurance can cover legal expenses for management consultants in Saskatoon if they are sued for causing financial loss to a third party due to their professional advice or service. This includes defence costs, judgement awards and settlements.
For example, let’s say a company follows your professional advice and it doesn’t have the expected result. They could sue you for their lost income or costs to fix the issue if they claim it was your advice that caused this financial loss. Professional liability insurance could help cover your legal expenses.
What isn’t covered by professional liability insurance for management consultants in Saskatoon?
Professional liability insurance doesn’t cover Saskatoon’s management consultants for anything other than legal expenses for claims of financial loss by a third party against you due to your professional service or advice. It does not cover any other liability claim or any claims of physical damage or injury.
You are also only covered up to your policy limit. For example, if for some reason you have multiple claims brought against you and your legal expenses end up being $1,500,000 million and you only have $1,000,000 of professional liability insurance, you’ll only have coverage up to that amount. This means you’d be on the hook for the remaining $500,000.
We offer three limits for professional liability insurance: $1,000,000; $2,000,000; and $5,000,000. Choose your limit based on the likelihood of a lawsuit, the average cost of a lawsuit in your industry, your annual revenue, the number of clients you have and the value of your individual projects or contracts.
Finally, professional liability insurance at EasyCover is retroactive. That means claims made against you during your policy period arising from your previous actions are covered for the duration of your policy. As long as you disclose any potential claim that may arise, you can have peace of mind you’re covered.

Management consultants insured by EasyCover in Saskatoon
EasyCover has insured the following types of management consultants in Saskatoon:
- 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. Call us and we’ll see how we can help you.
How much does professional liability insurance cost for management consultants in Saskatoon?
The cost of professional liability insurance for management consultants in Saskatoon will depend on the individual situation. Here are some factors that affect rates:
- Your industry
- Your operations
- Your insurance history
- Where you operate
- Your insurance options
- How many clients you have
- How many employees you have
- Your annual revenue
For the most accurate estimate on Saskatoon management consultant E&O insurance, get a a free no-obligation quote today through EasyCover’s easy online tool.
Optional commercial coverages for professional consultants in Saskatoon
We recommend management consultants in Saskatoon carry professional liability insurance. However, EasyCover by Acera Insurance also offers other business coverages you might want to 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. Keep in mind each will have separate policy limits. You can choose to add these policies on to your professional liability insurance coverage or not.
Commercial General Liability Insurance (CGL)
Helps cover costs if a third party is injured or has their property damaged as a result of your negligence.
Directors and Officers Liability Insurance (D&O)
Helps cover costs if you are held personally liable for breaching your director or officer responsibilities.
Cyber Liability Insurance
Helps cover recovery costs if your business is the victim of a cyber-attack or data breach.
Why should management consultants in Saskatoon need professional liability insurance?
We recommend all of Saskatoon’s management consultants carry professional liability insurance for the following reasons:
1. Lawsuits are expensive. This coverage will help reduce the financial burden of a lawsuit (especially since most businesses couldn’t afford to cover these costs out of pocket).
2. It may be required by your contracts or clients.
3. It may be recommended by a professional association or regulatory body.
4. It is appealing to prospects.
Ultimately, it is up to you if you purchase insurance. However, professional liability insurance can help management consultants protect their business financially.
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.