Specialized Insurance for Professional Services

Professional Services Insurance will protect you and your company from any services provided by the insured that may cause financial damage or other negative consequences to a client.

A comprehensive policy will typically include the following:

1. Negligence
2. Errors and Omissions
3. Third-Party Damages
4. Completed Operations Liability
5. Commercial General Liability

Any company or individual who provides professional work, advice, or service to a company needs insurance.

Professional Service Insurance will provide the coverage and protection should you or one of your employees be named in a lawsuit.

Some professionals we insure include:

1. Accountants
2. IT professionals
3. Consultants
4. Engineers
5. Freelancers

The cost of Professional Business Insurance is not significant and varies depending on a number of factors.

The following factors are typically taken into consideration when determining your premium:

• Industry and Services Offered
• Years of Experience
• Number of Employees
• Annual and Projected Revenue

We have access to many different insurance providers and can therefore offer you different options to ensure the best coverage at the best price.

Situation:
As an accountant, you provide incorrect advice to a customer, which causes them negative financial consequences.

Outcome:
Your Commercial Liability Insurance and Errors and Omission will protect you if you are found liable.

Situation:
As a business consultant, you store privileged information belonging to your clients on your computer. However, when you become the victim of a cyber-attack; You may be liable for the information breach.

Outcome:
Your Cyber Insurance Coverage can protect you and the third-party company with breach assessments and reputation management.

Situation:
As an engineer, you make an error in the information that you provide to your client. In turn, you are now liable for the negative consequences associated with the advice you provided.

Outcome:
Your Errors and Omissions Insurance would cover the cost of damages as a result of your advice.