Home Add to Favorite Contact Submit  
           18 July, 2019


    
Category:  Press » Finances

 

E&O Insurance Policies Explained By Fairfax Health Insurance Brokers

Popularity:
         Views: 183
2019-03-12 10:45:18     
Jonathan Martin

Fairfax, Virginia ( press.abc-directory.com ) February 27, 2019 - The Fairfax health insurance brokers at BBG Broker recently published a blog explaining the purpose of E&O insurance policies and why certain businesses should carry it. Certain industries require it, but it may be beneficial even for those that do not.

E&O, or errors and omissions insurance, is a type of professional liability insurance. It protects companies and their employees against claims made by clients regarding negligent actions or inadequate work. Depending on the policy, it may cover claims made against temporary employees and work done before the policy was purchased. Most policies will cover costs associated with legal fees, including attorneys and settlements. Typically, E&O insurance does not cover intentional harm, illegal actions, employee injuries and lawsuits, or property damage. However, other insurance policies are available to help pay for employees' injuries or property that may have been accidentally damage. Thoroughly review your E&O policy to determine your coverage and understand your options in the event of a lawsuit or other claim.

Depending on your industry, you may be more susceptible to lawsuits related to errors and omissions. Attorneys, medical professionals, and contractors working on government projects must have E&O insurance, but financial professionals and business advisors may also find this type of coverage helpful. Without a comprehensive E&O insurance policy, your company may find itself responsible for high legal fees that could significantly damage its financial standing and make it difficult to continue operating normally. Insurance helps cover these expenses so that your business and personal finances remain protected despite the financial strain of settling claims.

Speak to the business insurance brokers at BBG Broker for more information and to determine if your industry requires or recommends E&O insurance. BBG provides free consultations designed to help you understand your insurance options and select the best policies for your needs. The firm can provide custom insurance packages and may also be able to assist you with retirement plans, executive planning, HR, and compliance.

Specialized in: Health Insurance
URL: https://www.bbgbroker.com
Print press release      Bookmark this page
Related Press releases 
Adam Bergman – IRA Financial Group Partner – Highlights House Tax Plan & Impact on Real Estate Investors in New Podcast (Popularity: ): NEW YORK - November 17, 2017 -- Adam Bergman, a partner with the IRA Financial Group, the leading provider of self-directed IRA LLC and Solo 401(k) plan solutions, announces the release of a new podcast that examines the new House tax bill and its impact on the individual, businesses, and retirement accounts. The main emphasis of the House's “Tax Cut and Jobs Act” is to lower taxes on companies in ...
FAAIF Announces Introduction to Sukuk Two-Day Workshop at Sofitel Hotel in New York City October 11-12, 2014 (Popularity: ): New York, September 20, 2014 -- Camille Paldi, CEO of FAAIF, is excited to bring training in the sukuk structure to an American audience. Paldi says the time is now for the USA to enter the sukuk market as the UK has just issued a 200 million pound sukuk, bringing in funds for the UK government and businesses. Paldi emphasizes that the USA may get left behind if it does ...
RotenbergMeril Announces New Partner Ann Callari (Popularity: ): Saddle Brook, NJ, August 5, 2014 – RotenbergMeril, a top-ranked independent accounting firm in the New York metropolitan area, is proud to announce that Ann Callari has been named partner. Ms. Callari, who founded and leads the firm’s tax department, brings more than 20 years of experience in public accounting and 16 years of experience as a dedicated tax professional to RotenbergMeril. She handles all aspects of clients’ tax compliance, ...
FAAIF Announces Two Day Workshop on Islamic Finance and Banking (Popularity: ): USA, June 23, 2014 -- Al Huda CIBE and FAAIF, continuing with their commitment to bring Islamic finance to the United States, announce a joint-training workshop in Islamic Banking and Finance in conjunction with the University of New Orleans October 6 and 7, 2014 in New Orleans, Louisiana, USA. Al Huda CIBE, having conducted hundreds of successful training workshops all over the world is excited to enter the American markets ...
Comark Appoints Corporate Controller (Popularity: ): Medfield, MA - June 16, 2014 -- Comark is pleased to announce that Janet Clark has been promoted to Corporate Controller, reporting to CFO, Ruben Klein. Janet has been responsible for managing the accounting and finance activities since joining the company in 2000. She has over twenty-five years of experience in finance, human resources and customer service, within the manufacturing, banking and service industries.About Comark Comark designs and manufactures high-performance, ruggedized ...

Press release home snapshot 


Related Business 
ICM Insurance Brokers Pvt Ltd. (Popularity: ): We offer comparative insurance quotes from 30+ leading insurance companies and let you purchase your preferred policy online.n your requirement very easily and thereby save money and time. You can get details from leading insurance companies of popular plans on life insurance which deals with money back policies (endowment policies), retirement policies, child education policies, pure life policies, marriage policies, ULIP policies that are market linked policies, etc.
Ria Insurance Brokers Pvt. Ltd. (Popularity: ): Health Insurance policies provides risk coverage against unforeseen health expenditure that may result in financial hardship. Health insurance is one of the fastest growing areas in the insurance industry and is expected to grow to Rs. 30,000 crores in 5 years from the current Rs. 13,325 crores. According to recent news report health insurance continues to be the fastest growing segment with annual growth rate of 12% to 15%.
Anthony Clark Insurance Brokers Ltd. (Popularity: ): Anthony Clark International Insurance Brokers Ltd. will surely find you quality prices for home insurance including condos, auto insurance from motorcycles to boats, & for other insurance coverage. Anthony Clark Insurance offers free online auto insurance quote and online home insurance quote. It shops for cheap insurance rates for all your insurance needs including, auto (car) insurance, home (homeowners) insurance, business insurance, motorcycle insurance, condo insurance, renters/tenant insurance, commercial auto ...
Expat Health Insurance (Popularity: ): Expathealth-insurance.com are professional in the expat health insurance market. With knowledge and experience on how expats can uncover quality health insurance policies ExpatHealth-Insurance.com offers quick quotes and vital information for the decision making process.
Punjab Insurance Brokers (Popularity: ): At Punjab Insurance, find the best term life insurance rates online. Shop and get personalized health insurance premiums for you today. Now when we look at Health Coverage, we are talking about investment figures. So irrespective of how you take it, insurance is something, which at the end of the day, we’d all like to have. Try our Free no obligation quotes to serve you and save your money.
International Health Insurance (Popularity: ): Expat Medical Insurance is one of the world's leading expatriate insurance brokers. We provide health insurance for people living and traveling in developing countries. Since each individual is unique, Expat Medical Insurance designs each plan individually to fit your specific needs.
International Health Insurance (Popularity: ): China health insurance is one of Asia’s largest independent insurance brokers. We specialize in providing health insurance to foreign nationals living and traveling in china. As one of Asia 's largest insurance intermediaries we can offer plans that will provide comprehensive cover for individuals, families, travelers, teachers, and groups.
Health insurance companies (Popularity: ): Choose langinsurance.com for your MO Small Business Health Insurance. Our insurance brokers represent leading health insurance companies of St Louis.
IT Insurance - Liability Brokers (Popularity: ): Get professional advice and comparisons for IT Insurance from Liability Brokers, the Insurance Brokers in Australia. Visit us and know more. It pays to have someone on your side who knows the insurance industry, the types of covers needed and the best access to the products.
Oregon Group Health Insurance Services (Popularity: ): OregonEhealth.com, is a health insurance broker since 1975, provides Oregon Family Health Insurance in Portland and throughout the state. We differ from other health insurance brokers in Portland and throughout Oregon in our ability to search and compare plans instantly online.