A graphic designer must convey a series of messages requested by his client. His work must conform to those requests, and be able to achieve the objective demanded of him. Graphic designer insurance is there to protect you.
By charging a fee for such work, a professional responsibility is assumed. and, as such, we are going to see why there are specific insurances on the market for this profession.
The importance of «segmented» insurance»
Increasingly, in the insurance world, there is a growing demand for policies that are tailored to the specific needs of each profession. We call it “segments”and this is one of them.
The marketing, as the technology, The number of claims arising from work carried out by professionals, which the client considers inadequate, has been on the rise for several years now and there is no turning back. In the same way that claims arising from work carried out by professionals, which the client considers inadequate, continue to grow.
Each profession has its own specific risks: liability insurance for an electrician is not the same as for a graphic designer. For this reason, there are some insurance companies that specialise and focus on growing segments. The consequence? They adapt the insurance terms and conditions (the rules governing cover and exclusions) to protect these professionals.
Professional liability for graphic designers
Most policies on the market have generic liability coverage:
- Exploitative: you go to the client's workplace and break a monitor with a blow.
- Locative: when renting an office, you may cause damage to glass, which has to be paid to the landlord.
In this previous entry, we talked about the liability insurance guarantees most common.
Today we would like to highlight the importance of the professional liability, The company's activities are purely derived from our professional activity, for which we have been trained.
The basic guarantee of these policies is intended to cover the “pure pecuniary damage”.” which are essentially economic damage suffered by a customer, and which are neither personal injury nor purely material damage.
Possible claims in the insurance of graphic designers
These would be a series of examples who will not be covered by traditional CR policies, but will be covered specifically for graphic designers:
- Making an announcement for a client we introduced a soundtrack that violated intellectual property rights, or a photo taken from the Internet, but which had image rights→ claim for 10,000 euros.
- To create a video in a corporate presentation, The customer provides us with very sensitive (confidential) internal use data on which to base it. When the folder has to be returned, we cannot find it. In the wrong hands, this could be a breach of confidentiality and could lead to a claim.
- We make up a job for a client. When we deliver the final product, the client claims that it does not match what was agreed and claims damages for the delay when they were waiting for it to launch a campaign.
- Similar to the previous one, due to a delay: because of a accident and having two projects to present within a deadline, the clients are demanding a sum of money from me for not meeting the stipulated delivery time.
In addition to the possible compensation we may have to pay, in order to be able to rebut and argue our defence, we will need a lawyer. The insurance also covers a specialised legal defence for this type of claim.
If you want to cover your back and protect yourself with this type of insurance, contact us.
Also, keep in mind that it is a deductible expense on your Personal Income Tax or Corporation Tax!
