Using your knowledge and expertise to teach others may not be considered a particularly high-risk occupation. But imagine if a disgruntled parent makes a claim against you because their child failed their exams? Or a student trips up and is injured while studying in your house? Without the right type of business insurance, these two scenarios could be financially devastating for you. What’s more, if you find tutoring work through an agency, they may require you to have suitable insurance before putting you on their books.
Professional Indemnity also known as PI insurance, could cover the cost of compensation to a client who has lost out as a result of your service, advice or a mistake you made. In today’s competitive world, the pressure for students to succeed is at an all-time high. If parents believe the tutor to be at fault because their child doesn’t achieve high enough results, a claim against your services could be a very real scenario. PI cover could protect you against the costs of defending such a claim.
If you teach students in your own home, their home or at a premises you hired for teaching purposes, you’ll need to consider public liability insurance. This can cover you for claims resulting from injury to someone else or damage to their property while in your care. For example, a student has an accident and is injured in your home, or you accidentally spill coffee on their laptop.
If you employ other tutors or anyone else, you’ll be required by law to take out employers’ liability insurance. This can protect you against the costs of a claim if an employee gets injured or becomes ill due to work they’ve done for you.
If you use laptops, tablets, textbooks and other teaching aids in the course of your work business contents insurance could cover them against damage or theft.
According to the Office for National Statistics (ONS), 15% of the UK workforce is self-employed. The number of private tutors has risen to over one million in the past few years, and the vast majority fall into this category. If you’re a self-employed private tutor, the following types of insurance could protect you and your income should the unexpected happen:
Right here. Whether you’re looking for individual insurance or a complete business package in one policy, our price comparison service can help you find the right quote for your teaching needs. Compare business insurance quotes in minutes to find great-value cover.
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