Many business owners don't have adequate coverage when it's comes to protecting their businesses. Here are a few policies that you may want to consider and an agent at London Insurance Agency or Insurance Service Center can help evaluate your business insurance risks to see if you may need these types of policies.
Professional Liability - this covers claims or damages that may result in the providing of advice. Legal obligations may arise out of an error, act or omission when providing services to clients.
Directors & Officers Liability - also known as D&O insurance, this would cover the costs or damages from a director or officer of the company. You may need coverage for lawsuits or judgements arising out of poor decisions or grievances.
Cyber Liability - this coverage has become more important in today’s society. It would cover the losses from hackers, theft of information or any technology information loss.
At London Insurance Agency & Insurance Service Center, we can give you the details on these policies to see if it’s something your business may need in the future.