Insurance for financial planning and advisory businesses

Please enter a valid zip code.

Retrieve a quote

Speak with a licensed insurance agent: 1-866-283-7545

Call a licensed agent

Monday – Friday, 7am – 10pm ET M–F, 7a –10p ET

Why do financial planning and advisory businesses need insurance?

Financial planners strive for long-term success. Whether you're diversifying portfolios or exploring IRAs, advising your clients accurately is imperative. Because you give all kinds of advice, you wear multiple advising hats and face several risks. Perhaps you're running a startup firm or small solo consulting business. It’s important to protect yourself from lawsuits. 


A comprehensive insurance policy can protect your day-to-day decisions. It’s also easier to lead your clients without fearing potential and frivolous lawsuits. 

Other financial service professions we insure

Insurance policies available for financial planning businesses

Below are some of the most common insurance policies for financial planning businesses. Each has unique protections and examples of how the coverage can protect you.

Why do financial planning businesses select Hiscox?

At Hiscox, we understand that advisory businesses constantly have their reputations on the line. Whether this is your first business or you have multiple locations, our small business insurance policies can help you reduce losses. Being prepared for data breaches lets you confidently focus on your clients. You can limit your exposure, plan for the unexpected, and grow your business. 

Here's why financial planners select Hiscox for their insurance:

  • Claims responsiveness: Reporting a covered Hiscox claim? We will assign dedicated agents to assist you.
  • Commitment to service: Our friendly and knowledgeable agents have a 4.7/5 rating.
  • Contract coverage: Our insurance coverage satisfies most standard contract insurance requirements.
  • Convenient payment plans: We offer monthly payment plans (with no fees). 
  • Customized policies: We provide fast, customized insurance. Let us create a policy specific to the risk factors in your industry. 
  • Knowledgeable staff: Our talented team offers the highest standard in customer service. Our customer rating is 4.7/5.

At Hiscox, we encourage courage and you never have to go it alone. Get a fast and free quote today and conveniently download your policy in a few short clicks. Call us at 1-866-283-7545. Our team of licensed agents are available Monday – Friday, 7am – 10pm ET.

This information is provided to assist you in understanding the coverage we offer and does not modify the terms and conditions of any insurance policy, nor does it imply that any claim is covered. Coverages are subject to underwriting and may not be available in all states.