What is life coaches insurance?
To help your clients achieve their goals and ambitions, you need a clear head. Our insurance for life coaches offers you the peace of mind and coverage to remain at your best, even when the unexpected happens and a claim is made against you. Life coach insurance is not just one product, but a choice of many forms of cover that are tailored to suit the specific needs of you and your life coach business. As a specialist insurance company with more than 25 years’ experience, our policy has been designed by insurance experts to offer you protection.
Do life coaches need insurance?
Even when you clearly communicate the potential outcomes from your advice, some clients may be unhappy with the results. They may take legal action against you for what they see as an inadequate service, so it makes sense to ensure you have the appropriate level of cover for your life coaching business in case any disputes arise.
Like any consultancy or client-focused business, your reputation is a valuable asset. Therefore, having an appropriate level of professional indemnity insurance to protect against these kinds of scenarios is vital.
Our insurance for life coaches can protect you from the unexpected, including allegations of professional negligence, causing injury to a third party, or accidentally damaging property in the course of your business.
What does life coaches’ insurance cover?
Life coach insurance provides you with wide-ranging cover to safeguard you and your business should an incident occur. Cover available includes:
- Professional negligence – Managing expectations is perhaps the most challenging part of any client relationship. If a client is unhappy with the outcomes, our professional indemnity insurance for life coaches can cover the legal costs and compensation in defending your business.
- Breaches of confidentiality – If you unintentionally breach a client’s confidentiality in the course of your business, they may take legal action against you. Professional indemnity insurance can cover the legal costs, as well as compensation that may be payable to your client.
- Damage to third-party property – If you accidentally damage a client’s property during a meeting (for example, spilling a cup of coffee over their laptop or smartphone) public liability insurance can cover the defence costs as well as any compensation payable.
Professional indemnity insurance for life coaches
If you are alleged to have provided an inadequate service, professional indemnity insurance can protect you. Circumstances where you could be liable include allegations of professional negligence, such as failing to deliver the expected results to a client.
Why choose Markel Direct for life coach insurance?
At Markel Direct, we understand how important your business is to you. That’s why we offer life coach insurance, that has been designed to provide protection for you and your finances when things go wrong. Here are just some of the reasons to choose us for this form of cover:
✔ No hidden fees
With policies starting from £8 a month*, you won’t be faced with any hidden fees. What you’re quoted for is what you pay - it’s that simple.
✔ Tailored policy
We know that life coaches needs differ when it comes to insurance, which is why we offer tailored cover to match your needs.
✔ Get a quote in seconds
Getting a quote from us couldn’t be easier. Simply fill in our online form and we’ll provide you with a quote for life coaches insurance in under 90 seconds.
✔ High ratings on Feefo.com
We put customer service at the heart of everything we do, and this is reflected in our impressive ratings on Feefo.com.
✔ Our legal experts are here for you
Our legal helpline operates 24 hours a day, 7 days a week meaning you can speak to our experts whenever you need them.
At Markel, we insure over 200,000 businesses and have more than 25 years’ experience providing insurance policies to contractors, consultants, tradespeople and self-employed professionals. To talk about your life coaches insurance needs and to better understand our cover and how it works, call us today on 0330 822 3555 or secure yourself a life coach insurance quote online in less than 90 seconds.
How much does life coach insurance cost?
The amount you’ll pay for your policy depends on a number of factors. Firstly, it’s worth bearing in mind that every life coaching insurance policy is designed to suit to the needs of each individual business. Costs can vary depending on e.g. the size of your business to whether or not you have employees. At Markel Direct, life coach insurance starts at £8 a month*. If you’d like to find out more, you can get a quote online with us in under 90 seconds, or you can call us on 0330 822 3555 and speak to one of our team of insurance experts.
*Price based on a life coach requiring £1 million of professional indemnity and public liabilityinsurance.
How to arrange your insurance for life coaches
Arranging insurance for your business with Markel is easy. Simply take 90 seconds or less to answer questions about yourself and your business to receive an online quote. You’ll be able to tailor your policy to suit your requirements and you’ll receive your policy documents – including proof of insurance – via email after you purchase your cover with us.
24/7 legal advice helpline manned by qualified solicitors
Access to our fee-dispute service to assist with unpaid invoices
A specialist cyber response helpline for help in the event of a cyber attack
Legal templates and resources with Markel's Business Hub
Discounted IR35 contract reviews with your policy
Expert management of public relations crises from The Counsel House