No matter what kind of a corporation you run, it is likely comprised of departments, employees, and possibly shareholders. Although the corporation may have rules and regulations the employees are expected to follow, the corporation is ultimately responsible for any action made by its employees. So no matter what kind of business you run or product you sell, having a corporate insurance broker to help ensure you are covered is essential to protecting your business.
Professional liability insurance protects a company against lawsuits resulting from errors or misinformation that may have been shared during consulting or other professional services. Whether you own a construction company, a dentist’s office or a law firm, professional liability insurance can protect you and your business.
Product liability protects a business against flaws in the products they sell that may be potentially harmful to those who use them. For example, if a car seat is found to be unsafe after it is released to the public, this insurance can help take care of the recall as well as any possible injuries that may have occurred. This insurance is essential for any company selling products to consumers.
No matter what type of business you run, if you are selling services or merchandise to the public, corporate insurance is a must. A corporate insurance broker can help you choose the right insurance to protect you and your business.