Insurances and Payments

Precise Consultants operates with insurance cover and professional indemnity protection extending to contractors and clients. We are one of a few offshore recruitment agencies that offer freelancers Professional Indemnity (PI) in addition to Public Liability Insurance as standard. Precise Consultants operate a range of insurance policies. We work in adherence to our clients’ contractual requirements and offer the following insurance positions – where these policies differ or extend to other areas we will notify you directly.

Professional Indemnity

Professional Indemnity (also referring to Errors or Omissions) is where an individual gives advice or a professional opinion that is subsequently found to be incorrect and where the party to whom that advice was given suffers injury, damage or financial loss.

Credit Insurance

We are fully credit insured for each client we work with through Credit Indemnity & Financial Services (CIFS). This safeguard ensures that freelancers working through us will always be paid regardless of any extenuating circumstances.

Public Liability

We provide cover to freelancers if, through their negligence, they cause loss or damage in the course of their business to other people or other people’s property and a claim is made against them*. However, NO COVER will be provided in the event of their gross negligence.

*Insurers will arrange legal representation

Business Travel

Precise Consultants provide business travel insurance for all personnel when working on a project – insuring them against loss or theft of luggage and also ensuring medical assistance is available in emergencies.