Category : Business Insurance
Congratulations on realizing the dream of owning your own business. Your vision, together with hard work and careful planning, has come true, and you are the captain of your own destiny. To protect your dream of a bright future, make sure and safeguard your business with professional liability coverage, otherwise known as errors and omissions insurance.
Who Should Get This Coverage?
Certainly, those who are required by law to do so should invest in professional liability insurance. Others who could benefit from coverage include:
- Individuals in some form of trust relationship with clients
- Professionals whose advice and services could financially impact clients
- Those who cannot afford to be financially burdened with claims and court fees
Why Is It Necessary?
This insurance coverage offers a number of protections to business owners:
- It guards against financial loss and protects business assets.
- It covers court costs from negligent claims.
- It goes beyond basic coverage and into the less-defined territory of oversights and mistakes.
The right coverage does more than protect you; it provides peace of mind and frees you to focus on solutions rather than problems. Plus, as a business owner, professional liability coverage could help you to reduce risks while easing concerns of financial loss. Think of it as placing a hedge around your future while guarding your vision of creating a successful legacy.