Coverage | Explanation | Importance for private investigators |
Protects you from lawsuits related to private investigation work  E.g. errors made in investigation work, resulting in losses to your client. | Critical | |
Protects your business premises against property damage, e.g. fire, explosions, certain types of water damage, etc. | Critical if you rent a commercial space | |
Protects you against liability to third-parties for property damage or injuries.
| Critical | |
Protects your employees if they suffer work-related injuries/sickness. | Legally required for all manual workers (e.g. outdoor private investigators), or workers who earn <$2,600/month   | |
Business Interruption Insurance | Provides cash benefit if you cannot operate your private investigation business due to covered reasons, e.g. fire at your office. | Very good to have |
Protects you if you suffer a cyber attack. Covers IT restoration costs, data breach liability, PDPA liability, and more. | Good to have |
Professional Indemnity Insurance: At least $250,000 to $500,000.
Commercial Property Insurance: At least 100,000, if you have an office.
Public Liability Insurance: At least $500,000.
Work Injury Compensation Insurance: You should insure all your employees.
Business Interruption Insurance: At least $50,000.
Cyber Insurance: At least $250,000 to $500,000.
Coverage | Coverage amount (example) | Premium |
$100,000 | From $42/month | |
$100,000 | From $19/month, for a comprehensive Private Investigators Insurance Package deal   | |
$500,000 | ||
$10 million common law annual limit  $45,000 medical expenses cover per worker | ||
$10,000 | ||
$250,000 | From $49/month |
