Professional Liability / E&O / D&O / EPLI
Professional Liability Insurance in Tennessee and the Eastern US
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.
Fortunately, at All Things Comp, it is our business to ensure your complete protection. Our team has a combined amount of experience of more than 75 years, and we pride ourselves on offering expert counsel on a wide range of commercial insurance policies. Contact us today for assistance with professional liability insurance in Tennessee, Oklahoma, Mississippi, Indiana, Georgia, South Carolina, Maryland, or Florida.
Beginning December 1, 2016, our agency’s new division, All Things Comp, launched with the slogan, “Soar to New Heights”. That really says it all; we want to assist you and your business soar to new heights by offering a comprehensive program in the area of Workers’ Compensation Management.
At All Things Comp, we don’t just offer abstract mod reduction strategies. We offer tangible, comprehensive support to our clients. For example, we don’t just suggest that you create an employee safety manual to cut down on workers’ compensation claims, we’ll actually help you create one.
The cost of workers’ compensation insurance is calculated based on several factors. The most important component is the experience modification factor (mod). All Things Comp is dedicated to helping you reduce workers’ compensation costs by providing a mod analysis and developing improvement strategies that yield tangible, cost-effective results.