Professional Liability / E&O / D&O / EPLI
While we specialize in workers’ compensation insurance, All Things Comp realizes that your business needs far more protection than that. General and excess liability coverage is a start, but even that can fall short when it comes to safeguarding your business. For example, basic liability insurance will not protect you against wrongful termination or discrimination claims. Likewise, if a lawsuit is filed against you due to a failure to perform a professional service in which you specialize, you could be held accountable. Furthermore, as your company’s CEO, president or executive, you’re vulnerable to claims that fall outside the realm of basic liability protection.
Professional Liability Insurance
As a professional service provider, you face a unique set of risks. The fact is that mistakes happen, but as a lawyer or an accountant, any minor error could prove costly to your clients. For this reason, professional liability insurance (PLI)—also known as errors and omissions (E&O) coverage—is vital to protecting your livelihood. For doctors, nurses and other medical providers, PLI is known as malpractice insurance, and it’s an absolute necessity.
Employment Practices Liability
We live in a litigious society. Wrongful termination, sexual harassment and discrimination claims are common, and employers must protect themselves against these costly lawsuits. Employment practices liability insurance (EPLI) protects you against expensive claims.
Directors and Officers Coverage
As an executive at your company, accusations of unethical acts can result in costly litigation. If you are accused of civil, criminal or regulatory wrongdoing, directors and officers (D&O) insurance will protect you.
If you are unsure as to whether your general or excess liability coverage is enough, you aren’t alone. Many business owners are not aware of the gaps in their coverage that leave them vulnerable until it’s too late. Luckily, at All Things Comp, it is our business to ensure your complete protection. Call us at (731) 300-2210, or fill out the form on this page for more information.