Travelers Professional Liability Insurance can protect your company from claims that may arise from unexpected circumstances. Included are accidents on your premises, injuries to others, damage to their property and libel.
Travelers offers different types of general Liability policies for small companies, including sole proprietorships and partnerships. You can also purchase an umbrella policy that covers damages over the limits of your general liability insurance policy.
Also, you can buy a coverage-gap option to fill in any holes in your current policy. This is especially helpful if you have assets you want to safeguard from claims for negligence, wrongful expulsions or theft.
If you work in a foreign country, the risk of being exposed to potentially damaging lawsuits is higher. That's why Travelers offers global business insurance to help you and your employees cover the risk of wrongful acts committed or claims made in other countries.
The policy will also cover valuable items, such as equipment or products that are stolen or damaged while in transit. It can also cover a variety of other assets, such as trade show exhibits or fine art.
Insurance policies such as professional liability help protect professionals from the damages that can result from negligent work. This is particularly helpful if a client sues your business for damages caused by an error in delivering your 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.
An agent for travelers insurance will be able discuss with you your coverage options and give you quotes. You may also receive information on additional policies, such as cyber insurance.
Travelers is sold through a network of independent agents, which means that you'll have to work with them to get quotes, buy or change your policies. They can also give you information on alternative business insurance options.
Simply Business offers quotes from multiple business insurers. However, the service is based on the United Kingdom. It does not offer U.S. policies.
The main drawback of working with a Travelers agent is that you have to deal with them directly to get quotes or make changes to your policies. It can be inconvenient to work with a Travelers agent if you want to manage your policy or file claims online.