Professional Liability Insurance

It is essential to cover your business in the event a mistake occurs. Facing a lawsuit can cost you your livelihood. General Liability only covers bodily injury & property damage where Professional Liability provides your business with extra protection against third parties as well as internally. Depending on your needs there are a few additional coverage options:

Directors and Officers Liability (D&O)- Directors & Officers liability insurance protects the personal assets of the directors and officers in the event a lawsuit is filed by a customer, competitor, employee, vendor, or another party connected with the business. Legal fees, settlements, as well as other costs would be covered for actual or alleged wrongful acts. Illegal acts or illegal profits are generally not covered under D&O insurance.

Employment Practices Liability (EPL or EPLI)- Employment Practices Liability provides coverage for employers against claims made by employees alleging breach of contract, discrimination, invasion of privacy, emotional distress, false imprisonment, failure to promote, sexual harassment, wage & hour, as well as wrongful termination violations. 

Errors and Omissions Liability (E&O)- Errors & Omissions Insurance provides protection for your business, yourself, & your employees in the event an error is made. This could include, but is not limited to violating a contract or failing to perform contracted obligations.