Specialty Liability Insurance
General Liability insurance does not protect your business against claims of
professional negligence, or for failure to perform your professional duties.
For this type of coverage, the business will need a separate Professional Liability
Professional Liability Insurance protects your business against loss from a claim
of alleged negligent acts, errors or omissions in the performance of your professional
The policy normally pays for any resulting judgments against you, including court
costs, up to the coverage limits on your policy.
Employment Practices Liability
Employment practices liability coverage protects an employer against an employee's
claims such as:
or Workplace HarassmentWrongful DisciplineAge DiscriminationViolation
of Employment Discrimination LawsViolation of Americans with Disabilities
ActWrongful Failure to Employ or PromoteWrongful Deprivation of a Career
OpportunityBreach of Employment ContractEmployment Related MisrepresentationFailure
to Adopt Adequate Workplace Employment Policies & ProceduresIllegal
Retaliatory Treatment Invasion of PrivacyNegligent Evaluation.
Employment Related Wrongful Infliction
of Emotional Distress
The purpose of this insurance
is to protect the corporation, directors, officers and employees from alleged
employment-related wrongful acts. Some features to having this policy are
Coverage for front/back pay, attorneys’ fees and compensatory damages,
for punitive damages where insurable by law, for actual or alleged retaliatory
treatment, varying retention's for class action suits or other claims, for
emotional distress or mental anguish, no purposeful or intentional acts exclusion
or reductions in force or mass layoffs exclusion.*
*Coverage varies from company to company.
Directors & Officers
Directors and officers liability coverage protects directors and officers against
claims alleging negligence, errors and omissions, misstatements, misleading
statements and misrepresentations.
Most organizations have a general liability policy that protects its directors
and officers against negligent acts that result in bodily injury or property
damage. However, general liability does not protect against alleged wrongful
acts or omissions, including breach of duty, which do not result in bodily
Directors and officers coverage protects your executives from potential lawsuits
resulting from key decisions or management practices-lawsuits that may target
their personal assets.
A comprehensive Directors & Officers liability policy can provide the following:
Comprehensive D&O Insurance can:
- Directors Officers Committee Members Volunteers
- Trustees or Employees
Crime coverage can extend to those who may have access to your companies
- Defend Prior Acts Defend Non-Monetary
Damages Provide Duty to Defend Coverage Defend Libel, Slander & Defamation
- Defend Discrimination, Sexual
Harassment and Wrongful Discharge
- Employee Dishonesty Money & Securities
- Forgery & Depository
Pollution / Environmental
Environmental coverage generally falls into two categories. Errors and omissions
coverage, also known as professional liability, protects a professional who
mistakenly designs a facility that causes pollution in some way. Pollution
incident coverage protects professionals on the job in case they cause a pollution
incident by perhaps backing into a sewage pipe.
Policies for environmental consultants
can feature broad coverage specifically tailored to the specific needs of a
professional in the environmental field. Coverage may include pollution incident
and asbestos coverage as well as retroactive coverage for eligible firms.