Travelers Professional Liability Insurance can protect your company from claims that may arise from unexpected circumstances. This can include accidents that occur at your business, injuries to others or damage done to their property, libel, and slander.
Travelers offers a wide range of general liability coverages for small businesses. These include policies designed for sole proprietorships as well as partnerships and corporations. You can also purchase an umbrella policy that covers damages over the limits of your general liability insurance policy.
You can also buy a coverage gap option that helps you fill in any gaps in your policy. This is especially useful if you have assets that you want to protect from claims of negligence, wrongful evictions or theft.
The risk of being sued is greater if you are working in another country. Travelers' global business coverage helps protect you and your staff from the risk posed by wrongful acts or claims in other countries.
This policy covers your valuable company products, equipment and items in the event that they are lost or stolen during transit. This policy can cover other assets such as fine art or trade show exhibits.
Profession liability is an insurance policy that helps protect professionals, such as accountants and attorneys, from damages resulting from negligent or inadequate work. This is especially useful if you are sued by a client for damages caused due to an error that was made when delivering services.
If you have a business, it is vital to ensure that your insurance coverage meets your needs.
Travelers offers specialty insurances for certain industries such as technology and healthcare. MedFirst (r) is one of the many insurance products that Travelers offers to protect medical technology companies against various risks. For instance, this coverage can help your organization avoid financial loss caused by errors, negligence or omissions as well as property damage and bodily injury resulting from product or clinical trial.
Agents who specialize in travelers' insurance can discuss coverage options and offer quotes. You may also receive information on additional policies, such as cyber insurance.
Travelers is distributed through a large network of independent insurance agents. To get quotes, buy, or change policies, you will need to work with these agents. They can also give you information on alternative business insurance options.
Simply Business, a website that offers multiple quotes from business insurers is another option. The service is located in the United Kingdom but does not provide policies for Americans.
Working with a Travelers representative has its drawbacks. You have to contact them directly to obtain quotes or to make policy changes. This can be an inconvenience if preferring to file claims online or manage policies yourself.