If your company offers benefit plans you probably need it, regardless of whether you administer the plan or not. In the video below I go over what Fiduciary Liability coverage is and some real world claim examples.
Through the years I have been asked many times why a company needs to carry E&O insurance. The truth is not all companies need it, but many do. Find out why you might need it and if you don't need it why you should make sure your service providers should have E&O insurance in place. … Continue reading Errors & Omissions Insurance – An Overview
D&O Insurance is made up of 3 parts - Side A, B and C coverage. This 2 minute vidoe provides an overview of each and how they apply to claims.
Not many things are what they seem when it comes to an insurance policy so when we find something that seems straightforward and actually is we should all rejoice. "Medical Payments" found in the General Liability policy is a coverage that is what it sounds like it should be, it pays for medical costs that … Continue reading Medical Payments? No, I’m not talking about Health Insurance
Product recall is one of the most confusing coverages in insurance, particularly when it is included in a Product Liability policy. Find out what constitutes "Product Recall Expense" coverage and what is actually covers and does not cover in this 3 minute video. https://youtu.be/utehzskKSmw
Want to learn more about your insurance policy? Take less then 2 minutes (1:56) to find out about coverage when the power goes out.
An insurance policy does more than just pay it claims, it pays to defend you against lawsuits. As the Marriott breach shows, lawsuits can come quickly and they are not cheap to defend against.