Mistakes Happen.In today’s litigious society, lawsuits against businesses are common. And as a business owner, you need to be prepared to protect the integrity of your company if an incident or mistake turns into a claim.
At Elliott Insurance, we understand that mistakes happen. That’s why we’re committed to helping you create a Professional Liability policy that keeps your day-to-day operations protected should your business be held legally liable.
What Does Professional Liability Cover?While it’s important for your business to have general liability coverage for property damage and bodily injury, Elliott Insurance recommends adding Professional Liability Insurance to your business portfolio because it insures the people and/or entities of your business from negligent claims made by third parties, or even internal sources.
From failure to render a service to malpractice suits, Professional Liability can provide a wide variety of options, such as:
Errors and Omissions Liability (E & O) – E & O covers any mistakes made by employees who work on behalf of your business, if your business charges fees for your services. It can include coverage for any errors such as failure to perform or violations of contract. Depending on your industry, your insurance needs will vary.
Directors and Officers Liability (D & O) - Having financial protection for your business’s Directors and Officers can prevent loss in the event that they are held liable from actions related to their corporate positions. This can include anything from conflicts of interest to mismanagement of company assets and violation of laws.
Fiduciary Liability - Fiduciary covers claims that involve the violation of the Employee Retirement Income Security Act, or ERISA. If a manager, for example, violates the financial obligations of ERISA, having the right coverage can protect your company if held liable in situations from imprudent investments to failure to enroll employees.
Employment Practices Liability - With proper insurance, your business can be protected if a worker claims that his or her rights have been violated. This can include violations from sexual harassment and discrimination to violations of the Americans with Disabilities Act (ADA), mismanagement of employee benefit plans, and wrongful termination.
Contact an Elliott Insurance representative today to prevent mistakes and errors from becoming major losses for your business.
My agent is always responsive, helpful, and friendly. Three things I require out of an insurance company.Shawn R.
The customer service at Elliott Insurance is far and above any other agent I have had for my insurance needs. They are always available to answer questions in a language that I can understand, not insurance talk. I have had many changes in cars, homes, motorcycle, etc. over the years and they have always stepped up to give me the right coverage at the best price.Kerry E
“I have been working with Elliott Insurance for about 15 years because I can trust them to provide me with the most competitive pricing and best service possible for all of my insurance needs. I don’t feel the need to go out and search for cheaper pricing just to save a buck because I know that the staff at Elliott is looking out for me. Furthermore, when I have had claims they have taken very good care of me, responding quickly and helping me through the process. I highly recommend Elliott Insurance for both competitive pricing and outstanding service. I trust them to protect my family”.Jim L.
- Kansas City, MO
- Kansas City, KS
- Louisburg, KS
- Paola, KS
- Overland Park, KS
- Shawnee, KS
- Lenexa, KS
- Topeka, KS