Mistakes happen, and the integrity of your company is at stake when mistakes or incidents that occur in the workplace turn into claims. A Walker Professional Liability policy provides the assurance of knowing your business is protected against lawsuits and litigation.
Types of Professional Liability Coverage
General liability coverage, which typically covers property damage and bodily injuries, may not be enough for your business. Ensure that all entities of your business are protected. Professional liability coverage provides the protection you need, while offering a wide variety of options, such as:
- Errors and Omissions Liability – This covers mistakes made by employers working on behalf of your business, which includes mistakes such as failure to perform or violations of contract.
- Directors and Officers Liability – In the event someone in the position of director or officer is held liable for actions related to their respective position, this coverage ensures that the business and its assets are still protected.
- Fiduciary Liability – This covers claims involving the Employee Retirement Income Security Act (ERISA). Specifically, it keeps your business secure in the event that someone within your company violates the financial obligations of ERISA.
- Employment Practices Liability – If a worker claims their rights have been violated in any way, this coverage protects your business.
There are many options when it comes to professional liability coverage. Meet with or talk to a trusted agent who can help you pick out the right coverage for you and your business.