Should You Be Covered With Misc. Professionals Insurance?
You may be surprised to know just how many professionals are at risk for being sued. In the modern world we live in, anyone who provides any sort of service could be held liable for mistakes or even for leaving out part of the service. Luckily, insurance provides protection against such costly claims. You may need to consider getting insurance under a misc. professionals program to protect your business and your livelihood.
Some professions that should have such insurance include the following: multimedia professionals, consulting professionals, commercial realtors, insurance professionals, publishers, and the list goes on. It is difficult to cover such different professions under one blanket plan because each provides such different services. For example, a publisher’s risks would be much different than a commercial real estate firm’s. Most can be covered with error and omission insurance, but having a specifically tailored plan would create the most protection.
If you believe you or your business is at risk for claims of error and omissions, it would be a wise decision to talk to an insurance provider about your options. They can tell just how great your risk actually is, and can tailor a plan to fit the particular needs of your profession. Having insurance under a misc. professional program will give you coverage in case of any suit brought against you. It should cover punitive damages, personal injury, defense for discrimination, and more.