The One Thing That Could Cost You a Corporate Contract: Insurance

The One Thing That Could Cost You a Corporate Contract: Insurance

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Secured a corporate client? Amazing! But don’t forget the final step that could cost you the deal: Insurance. Here’s why having professional indemnity insurance is a non-negotiable when working with corporate clients.

👉 Reflect today: Do you have the right insurance in place to secure corporate contracts?

Here’s what you need to know about insurance for corporate clients:

➡️Professional Indemnity Is a Must
Even if you’re just teaching an online course to a small group, you should have professional indemnity insurance. If someone acts on your advice and something goes wrong, you’ll need coverage to protect yourself.

➡️Corporates Have Minimum Requirements
For corporate contracts, companies will often ask for a copy of your insurance before finalizing the deal. In Australia, the minimum liability cover is usually $20 million.

➡️Don’t Be Scared—It’s Affordable
The good news is, getting $20 million cover isn’t as expensive as it sounds! Your first corporate job will likely cover your entire year’s premium. Find a broker who can shop around for the best deal, and you’ll be set.

Remember: Don’t let a missing piece of paperwork cost you a corporate contract. Get the right insurance, and you’re ready to roll!

💡 Want more insider tips on securing corporate contracts? Join Legends Lab and get all the strategies you need: www.sarahcordiner.com/legends

Sarah x

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