Professional liability insurance provides coverage for any damages due to claims of negligence or misconduct in the course of a professional conducting their duties and responsibilities. In other words: If you or your employees make a mistake—or are perceived to—and your client suffers a loss as...
also affect the cost of insurance coverage. Similar to other forms of insurance, coverage limitations and deductibles affect the total cost. According toinformationfrom insurance company Bizinsure, the average cost of professional liability insurance for most small business owners is $600 or less ...
aZimbra, the company, was started in 2004 by a small group of like-minded people who believed traditional email was “broken” and good collaboration tools were not accessible to most organizations cost-effectively (here is the original whitepaper). Five years later Zimbra has grown into a mov...
The reason that legal defense is often included within the limit of liability is that many claims are dismissed or result in small judgments or settlements. Oftentimes, the cost to defend against a claim is higher than the actual settlement or judgment itself, so legal defense costs make up a...
Professionals working in investments, for example, should expect their insurance premium to be higher than that of a graphic designer. Attorneys may also see a higher cost of professional indemnity insurance for the risk of malpractice. The size of your business is another determining factor. For ...
Small Business Management Liability Insurance Mistakes happen or people do the wrong thing. Management liability insurance covers you for damages and /or legal costs, or settlement. Explore Benefits Strategy Our strategic approach to benefits consulting ensures your program supports your HR strategy, crea...
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CPA Value Plan is professional liability insurance developed for small CPA firms with rates based on the loss experience of the same type of firm. The CPA Value Plan provides efficient claim management and also helps to manage your bottom line with affordable rates and premium savings. With ongoi...
Professional Liability, and a summary of large claims from a leading insurance broker–this article reports the frequency of lawyers' liability claims, the distribution and cost of claims by type of practice, the disposition of claims, and lawyers liability insurance premiums from the early 1980s ...
Like other types of insurance, coverage limits and deductibles also influence how much you'll pay. According to insurance provider Insureon, the median cost for its clients' professional liability insurance is $61 per month (or $735 annually), with most policies costing between $600 and $1,200...