Professional liability is particularly relevant for service-oriented businesses. It protects against claims of negligence, misrepresentation, violation of good faith and inaccurate advice. It covers the legal costs and damages that may arise from the services provided by a business. For in...
Professional liability insurance covers: Negligence Libel/public slander Inaccurate advice Misrepresentation Do you need both general and professional liability insurance? Whether or not you need both general and professional liability insurance depends on the type of business you run. Most businesses need...
Best Small Business Insurance Overall: The Hartford Best for Independent Contractors & Microbusinesses: Hiscox Best for General Liability: Nationwide Best for Professional Liability: Travelers Best for Commercial Auto: Progressive Best Business Owners Policy (BOP): Liberty Mutual Best Quick Coverage: Next...
Through Thryv’s partnership with Coterie, you can quickly and easilyrequest a quotefor Small Business Liability Insurance that meets your needs. Provide some basic information about your business and industry, then get your quote. You’ll be able to purchase coverage that brings you some well-de...
Professional liability/errors & omissions Cyber liability Directors & Officers (D&O) Employment practices liabilityComprehensive small business coverages tailored to meet your needs We deliver insurance solutions tailored to you. From simple service requests to complex contract reviews and claims support, ou...
Small business directors and officers liability insurance is actually a type of professional liability insurance. However, it is less broad than professional liability coverage in that it specifically aims to protect the liability of directors and officers of small businesses. ...
This type of insurance can cover the costs of legal representation, settlements, and judgments. Without it, your small business may be financially responsible for reimbursing customers or paying expensive legal fees. [Read more:Everything You Need to Know About Professional Liability Insurance] ...
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Legal Professional Every business owner should have a relationship with a business lawyer, liability attorney, or legal firm. When an owner invests money and effort in building a business, it must be safeguarded from the loss that can arise from a lawsuit. While it is important to work with...
and maybe even equipment loans. We help them understand their profit margins, project future income, and create a plan that's both for their business and their personal financial goals." The upshot for advisors who can handle both the professional and business sides, he said, is that "it's...