Marketing Professionals Insurance

Marketing professionals work in an industry where personal opinions and tastes mix with hard data and statistics. When the lines between the two merge the target objectives of the company you’re marketing can easily be missed.

This can mean that a client might be unhappy with your work, even if you meet the brief and the work looks great, because ultimately marketers are employed to help facilitate business growth.

A couple of examples could include:

Breach of copyright

You can also be subject to a claim from a copyright breach e.g.: you devised a marketing strategy and tactics that directly cribbed ideas and positioning from a competitor, examples of this can sometimes be identified in retail television advertising campaigns and in copycat branding. If a disgruntled competitor were to issue a claim against your client, then you could be held responsible by your client who would look to recoup any costs they have incurred as a result of the competitor’s action against them.

Professional Indemnity insurance would respond to provide cover for your legal costs in this instances.

Data breach

Data that you handle for your client for email marketing is compromised by an outside source, or is accidentally leaked or lost, which  could be classed as a breach of the Data Protection Act 1998. Professional indemnity insurance would respond to provide cover for the legal costs and compensation awards, as well as the costs for client PR.

With our online quote and buy system you can get a quotation for your insurance in a matter of minutes. Professional indemnity insurance can start from as little as £98.00 per annum.

Example quote: a marketing consultant with an annual turnover of up to £50,000 per annum, with a £500,000 indemnity limit in any one claim, would pay as little as £180.00 per annum for professional indemnity insurance, which we think is great value considering the cover and peace of mind that you benefit from (Figure correct as of 22.11.2021).

Apart from Professional Indemnity insurance marketing professionals will usually be required to carry Public Liability insurance if they work from office premises and meet members of the public face-to-face.

It’s also important to be aware that as a self-employed business owner, a claim can be made against you personally with unlimited personal liability. Therefore, Directors and Officers insurance is a valuable form of cover which will protect you in this instance, which is provided as part of our Business Combined Liabilities insurance product.

Our Tax Enquiry and Legal Expenses insurance will also provide cover for costs incurred from a legal occurrence or claim that your indemnity and liability insurance does not cover, including the costs incurred from an IR35 tax investigation, or the costs incurred if you are required to attend jury service.