WEDNESDAY, APRIL 25, 2018
Get the Right Liability Policies
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Your business's legal liability for injury to a third party may fall under one of a variety of insurance policies. Here is a quick look at some of the most common liability protections business owners may need.
• Employers liability and workers compensation insurance provide coverage for an employee's work-related illness, injury or death.
• Product liability insurance covers the manufacture and sale of products in the general marketplace and injury or death caused by a defect in these products.
• Directors and officers liability insurance protects against claims that your board of directors or officers have failed in their duties.
• Umbrella liability insurance is designed to protect against catastrophic losses and can reach over and beyond the underlying limit of liability on a policy for a severe loss.
• Professional liability insurance covers losses arising from failure in the performance of professional duties or rendering negligent professional services. Talk to your agent for a full analysis of which coverages are recommended for your business.
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D & O Insurance, Professional Liability Insurance, Workers Compensation
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NOTICE: This blog and website are made available by the publisher for educational and informational purposes only.
It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional
in your state. By using this blog site you understand that there is no broker client relationship between
you and the blog and website publisher.
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