Why do Personal Assistants need it?
Being a Personal Assistant comes with increased responsibility. Managing expectations in addition to performing your services can be challenging. That’s why business insurance that is reliable and customized to your profession has never been more important. BizInsure is where you can get affordable and dependable insurance tailored to your needs. Click or Call us to compare quotes, for free, today.
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You can relax knowing you’ve secured the right insurance and the right price with Bizinsure. We allow you to compare multiple quotes so you can compare cost and coverage.
What is Professional Liability Insurance?
Professional Liability, otherwise known as E&O insurance, protects your business against claims of negligence, misrepresentation or mistake. Typically, the allegation is that your services, products or employees caused some form of financial damage to a third party. Regardless of fault, litigation is expensive, drains time and damages reputation. Professional Liability insurance can protect professional service providers from potentially devastating financial damages resulting from alleged negligence or error in the delivery of your services.
Coverage is provided for:
- Attorney fees and other legal expenses
- Costs and expenses related to a settlement
- Costs and expenses related to a judgment
Professional Liability Insurance (aka E&O insurance) – Personal Assistants
A Professional Liability insurance policy is critical for those who are in the business of providing advice and instruction to others. A Professional Liability policy helps protect you as a Personal Assistant professional against damages related to your services, actions or recommendations.
The policy can cover employees and independent contractors from allegations of negligence, failure to perform, inaccuracy, bad advice and other common risks associated with the services they provide.