Professional Liability/Errors & Omissions
Insurance
In today’s litigious society, lawsuits against businesses are common. And as a business owner, you need to be prepared to protect the integrity of your company if an incident or mistake turns into a claim. Learn More
What is Professional Liability/E&O insurance and what does it cover?
While it’s important for your business to have general liability coverage for property damage and bodily injury, Bethany Insurance Agency recommends adding Professional Liability Insurance to your business portfolio because it insures the people and/or entities of your business from negligent claims made by third parties, or even internal sources.
From failure to render a service to malpractice suits, Professional Liability can provide a wide variety of options, such as:
Errors & Omissions (E&O) Liability – covers any mistakes made by employees who work on behalf of your business, if your business charges fees for your services. It can include coverage for any errors such as failure to perform or violations of contract. Depending on your industry, your insurance needs will vary.
Directors and Officers (D&O) Liability – Having financial protection for your business’s Directors and Officers can prevent loss in the event that they are held liable from actions related to their corporate positions. This can include anything from conflicts of interest to mismanagement of company assets and violation of laws.
Employment Practices Liability – With proper insurance, your business can be protected if a worker claims that his or her rights have been violated. This can include violations from sexual harassment and discrimination to violations of the Americans with Disabilities Act (ADA), mismanagement of employee benefit plans, and wrongful termination. For more detailed information about Employment Practices Liability. Click Here
Why choose bethany insurance agency?
In today’s litigious society, lawsuits against businesses are common. And as a business owner, you need to be prepared to protect the integrity of your company if an incident or mistake turns into a claim.
At Bethany Insurance Agency, we understand that mistakes happen. That’s why we’re committed to helping you create a Professional Liability policy that keeps your day-to-day operations protected should your business be held legally liable. Contact a representative with Bethany Insurance Agency today to prevent mistakes and errors from becoming major losses for your business.
We provide complete insurance and risk management solutions tailored to your unique needs. Bethany is currently licensed in 19 states, and we continue to grow. We have relationships with the nation’s top carriers, many of which continually earn some of the highest ratings from A.M. Best, the leading independent rating authority.
More Products
Request a Quote
Simply fill out the form below and one of our helpful agents will contact you shortly to discuss your options.