Immigration consultant professional insurance
The topic of immigration is rarely out of the news for various reasons. Therefore an immigration consultant’s job carries a higher profile than it might otherwise enjoy. Few people operating in the business will be ignorant of the amount of responsibility which lies on their shoulders when advising people on their rights to enter the UK. Many companies, quite legitimately, require foreign workers to enter legally to work for them. Ever tighter controls mean there is always a lot of paperwork and background research needed even to ensure someone who has a job gets into the country smoothly. This means more and more individuals and organisations turn to immigration consultants in order to get the right advice. Immigration consultant professional insurance is a product designed to help out if something happens to go wrong and the consultant faces a legal claim from one of their clients.
Even a straightforward administrative slip can mean someone’s application is turned down, and some companies or individuals may be minded to seek financial redress through the courts. A claim might be that they have suffered what is known as a financial injury – meaning they will be wanting compensation. Immigration consultant professional insurance which carries professional indemnity cover will pay any legal costs of defending such a claim and even any compensation which is awarded.
Although still relatively rare, if a court case of this nature engulfed some smaller firms they would find themselves struggling to survive. Immigration consultant professional insurance with indemnity cover is designed to take away this worry and give peace of mind to consultants so they can concentrate on running their business as normal.
Although excesses and limits apply, cover is available all the way up to an extremely expensive appearance at the high court, although not every business will need a level of cover which stretches to hundreds of thousands of pounds or more.
Typically, a policy will go beyond mere negligence or mistakes. It will also cover allegations of breach of copyright, breach of confidence and will even cover any potentially dishonest actions of an immigration firm’s employees, such as the theft of a client’s personal data.
Some consultants may be late in arranging cover or may choose to switch to a new insurer. In such circumstances backdated cover can be arranged which will still enable protection, even if a claim arrives which relates to a past event which may have taken place many months ago. What is known as ‘run off’ cover is also available, to protect a consultant for a period after they retire or change jobs – the legal risk can continue for a period even after someone stops trading.
Immigration consultant professional insurance policies big and small can at least provide a safety net and take away some of the worry of what would happen in the event a mistake leads to a serious legal challenge.
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