Regulatory Consultant Insurance Coverage Checklist
The coverages a regulatory consultant business may carry — core, prevalent, and situational — why each matters, and the gap most often missed.
Pull out your current policy and check the box next to any coverage you can confirm is already in place — anything unchecked is worth a quick conversation with your advisor. Coverage checklist for regulatory affairs and compliance consultants. Priorities reflect typical exposure for this class; confirm against your actual services, contracts, and clients.
Tick each coverage you can confirm you carry — anything left unticked is a good question for your next policy review.
| Have it? | Coverage | Why this business needs it | Priority |
|---|---|---|---|
| Miscellaneous Professional Liability (E&O) | Covers client losses from negligent advice or submission errors. | Core | |
| Regulatory / Government Investigation Defense | Covers qui tam suits and agency subpoenas aimed at consultants. | Core | |
| Cyber / Privacy Liability | Covers PHI, trade secrets, and submission data. | Core | |
| Contractual Liability / Indemnity | Covers indemnity demands after a client's enforcement settlement. | Prevalent | |
| General Liability | Covers on-site audits at client facilities. | Prevalent | |
| Employment Practices Liability | Covers consultant workforce claims. | Prevalent | |
| Life Sciences Bodily Injury Carve-Back | Restores bodily injury coverage for FDA work. | Situational | |
| Environmental Professional Liability | Covers environmental permit advisors. | Situational | |
| D&O | Covers consulting firm management. | Situational | |
| Crime / Fidelity | Covers client funds and fee deposits. | Situational |
The coverage gap most often missed
The gap most often missed by regulatory consultants is the fraud and False Claims Act exclusion. Consultants get pulled into FCA matters for allegedly causing false claims, and standard E&O often excludes fraud and government penalties, sometimes including defense. FDA consultants face a second gap: the bodily injury exclusion. Negotiate final-adjudication fraud wording and a life-sciences bodily injury carve-back.
Send us the checklist and we'll review your regulatory consultant coverage line by line, then market it across multiple carriers that compete for your account.
Related: Regulatory Consultant Insurance · Regulatory Consultant Supplemental (apply) · All coverage checklists
Frequently asked questions
What insurance does a regulatory consultant business need?
The core coverages for a regulatory consultant business are Miscellaneous Professional Liability (E&O), Regulatory / Government Investigation Defense, Cyber / Privacy Liability. This checklist also lists the prevalent and situational coverages worth considering, with a plain-English note on why each matters.
Is this checklist insurance advice?
No. It is a free educational tool to help you have a more informed conversation with a licensed professional. It affords no coverage and is not insurance, legal, or financial advice — only your actual policy language governs what is and isn't covered.
Can Cory Washington & Co. review my regulatory consultant coverage?
Yes. Share your checklist and we'll review your program line by line, market your account across multiple carriers, and explain the trade-offs in plain English. Cory Washington & Co. LLC is licensed in all 50 states.
This checklist is a free educational tool from Cory Washington & Co. to help you review your own coverage and have a more informed conversation with a licensed insurance professional. It is general information only — not insurance, legal, or financial advice, and not a recommendation to buy, change, or cancel any policy. Coverage terms, availability, limits, and requirements vary by policy, carrier, and state, and only the language in your actual policy governs what is and isn’t covered. Checking or leaving blank any item above does not indicate that you are adequately insured or under-insured. Using this checklist does not create a client, agency, or fiduciary relationship. Always consult a licensed professional about your specific situation.