A comprehensive Professional Services Insurance policy typically includes:
- Professional Liability (Errors and Omissions)
- Covers financial harm caused by a professional mistake or something your firm failed to do; a miscalculation, a missed configuration, an overlooked specification. Pays for legal defence, settlements, and damages.
- Commercial General Liability
- Protects your business if a third party suffers bodily injury or property damage connected to your operations; a client slipping in your office, or accidental damage during a site visit.
- Cyber Liability Insurance
- Covers costs from data breaches and cyber threats; client notification, credit monitoring, cyber theft demands, and reputation management. Essential for firms handling sensitive client data.
- Business Interruption
- Reimburses lost income and fixed overhead if your operations are paused due to an insured loss.
Coverage is tailored to your specific profession, client contract requirements, and risk exposure.
