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Negotiate insurance requirements

Negotiate insurance requirements: Contracting for Consultants
Negotiate insurance requirements: Contracting for Consultants

When negotiating insurance provisions, clients typically ask for very high insurance limits—but for small consulting firms, those limits can be negotiated downward. All insurance has a cost associated with it. If you accept limits that are too high, you end up spending too much on insurance. If your limits are too low, you save money but expose your business to excessive risk.

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Skill Level Intermediate
1h 2m
Duration
16,110
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Skills covered in this course
Business Business Skills

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