|
|
Category:
Press » Finances
|
|
E&O Insurance Policies Explained By Fairfax Health Insurance Brokers
|
Popularity: 
Views: 1348
|
|
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
|
|
|
Related Press releases |
|
Goldsmith & Company: Leading the Way in Financial Services with Expert Chartered Accountants in North London (Popularity: ): London UK, (press.abc-directory ) 11 May 2023 - Goldsmith & Company, a premier accounting firm, is proud to offer exceptional financial services with their team of expert chartered accountants in North London. By delivering tailored solutions to help businesses and individuals navigate the complexities of financial management, Goldsmith & Company has become a trusted partner for clients seeking expert advice and support.In today's ever-changing financial landscape, it is crucial for ...
FinAcc Global Introduced Financial Reporting Services for Manufacturing Industry (Popularity: ): Arlington,texas-- September 10, 2020 -- It has been an immense pleasure to announce that FinAcc Global is now offering financial reporting services for manufacturing industries. FinAcc Global presents accurate yet customized financial statements and reporting services that help manufacturers to make informed decisions. The company aims to prepare financial reports that help their clients expand their business growth with increased revenue. Moreover, they follow a distinct process while working on ...
FinAcc Global launches accounting services for telecommunication businesses. (Popularity: ): Arlington, Texas-- September 2, 2020 -- It has been an immense pleasure to proclaim that FinAcc Global, an accounting outsourcing company, launches specialized accounting services for telecommunication businesses. The outsourcing firm aims to deliver flexible and integrated finance accounting solutions that help the industry to overcome many challenges.FinACC Global presents comprehensive accounting services for the telecommunication industry with 100% data security and confidentiality. With the flexible engagement model and technology-enabled ...
Nelito Systems Ltd. appoints Mr. Sanjay Dube as the new Chief Executive Officer (Popularity: ): Navi Mumbai, July 08, 2020 – Nelito Systems Ltd. (Group Company of DTS Corporation, Japan), announced that Mr. Sanjay Dube has been appointed as the Chief Executive Officer.Mr. Sanjay Dube, prior to joining Nelito looked after the Fuel, Logistics and Land vertical for The Tata Power Company Limited. Prior to that, he looked after Strategy and Performance Analysis and before that, he looked after Treasury, Investor Relations and Corporate Finance, ...
CortiCare strengthens its management team by bringing on Aron Stern as CFO (Popularity: ): CARLSBAD, Calif. - January 14, 2020 -- CortiCare, Inc., a leading provider of technology and electroencephalographic (EEG) services to the hospital and physician office markets, today announced that Mr. Aron Stern has joined the company as its Chief Financial Officer.
Stern will oversee the company’s finance team, as well as management of cash flow, financial planning, M&A activities, and profitability.“CortiCare has grown to a stage where more advanced financial management and ...
|
|
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 ...
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.
Best Insurance Policies (Popularity: ): Locally owned insurance agency that offers Auto, Homeowners,Motorcycle and Health Insurance for all.
blogspot.com is Connecticut's premier insurance and benefits search engine. We are committed to helping our residents and local business community better navigate the insurance marketplace by putting you the customer in greater control of your online shopping experience. Insurance can be complicated and confusing. Yet, we all need insurance to help us protect our loved ones, our assets ...
|
|
|
|
Print press release
Bookmark this page