Professional Liability (Errors & Omissions)
Professional liability (or) omissions (E&O) insurance is a type of coverage that protects professionals and businesses from claims arising due to negligence, mistakes, or failures in the services they provide. Those who work professional services are subject to a higher duty of care and responsibility because of their unique qualifications and expertise. E&O is essential […]
Travel Accident
Legal Expense
Cyber
This covers claims of financial loss due to a cyber attack or privacy breach. It should include both first party (breach response, loss of income, systems restoration, ransomware, data restoration) and third party (privacy liability, network security liability, regulatory liability) coverages.
Abuse Liability
Abuse liability coverage helps organizations defend themselves against allegations of abuse and molestation. Organizations who deal with vulnerable populations are those who require coverage the most such as schools & daycares, retirement and nursing homes, sports teams & sports leagues, churches or religious organizations, camps or sports and recreations centres.
Wrap-Up Liability
This blanket liability coverage protects all parties involved in a construction project from liability arising from bodily injury or property damage to third parties during construction. Wrap-up liability insurance can either be purchased by the contractor in charge of the project (contractor-controlled) or the owner of the property (owner-controlled). Some advantages of Wrap-up liability include: […]
Umbrella and Excess Liability
Excess liability insurance, increases your total limits of insurance beyond those of your primary liability policies, such as general liability and automobile liability. For example, your primary CGL policy has a $5 million dollar limit. In order to have a $10 million total limit, you can purchase another $5 million dollar Excess Liability to stack […]
Property including Business Interruption
Property covers your physical assets including buildings, contents, electronics, inventory, machinery and equipment when damaged by perils such as fire, flood, windstorm, or earthquake. It can cover the cost to repair or replace the damaged property for Replacement Cost or Actual Cash Value. Actual Cash Value (ACV) covers the cost to repair, rebuild or replace […]
Project Specific Pollution
Property Property covers your physical assets including buildings, contents, electronics, inventory, machinery and equipment when damaged by perils such as fire, flood, windstorm, or earthquake. It can cover the cost to repair or replace the damaged property for Replacement Cost or Actual Cash Value. Actual Cash Value (ACV) covers the cost to repair, rebuild or […]
Fiduciary Liability
Fiduciary liability covers the individuals who take part in the decision-making of an employee benefit plan, administer a plan or its assets, or whose name or title is included on benefit plan documents. It is designed to provide financial resources when a business or representative has a lawsuit filed against them for claims of negligence […]