Employment Services Professional Liability Insurance Coverage
Employment Services Professional Liability Insurance (also known as Employment Agency Errors & Omissions Insurance, or Employment Services E&O) protects all types of employment services professionals if a client alleges that you were professionally negligent or failed to perform professional duties, or in the case of the failure of your work to perform as promised in your contract.
Employment Services E&O Insurance is available for a wide variety of professionals, including:
- Employment Agents / Agencies
- Employee Relations Consultants and Service Providers
- Benefits Consultant / Benefits Administrator
- Human Resources Consultant
- Outplacement Services
- Temporary Help Services (non-medical)
- Testing / Screening Services
- Training Services / Training Consultant
Employee Services Professional Liability Insurance Protects Your Business
The high cost of a legal defense could put your employment services firm out of business. Your company's survival and your personal financial security depend upon protecting yourself against the impact of a lawsuit.
Almost any firm or individual that improperly performs services can cause a client to suffer an economic loss - and mounting a defense is expensive. The impact of even a baseless claim can be devastating. Would your company have the resources and expertise to defend against such a claim?
Request a QuoteWhy Do I Need Employment Services E&O Insurance?
As a successful provider of employment services, you are a trusted professional. An Errors & Omissions Policy insures the professional in the event he or she commits an "error" or an "omission" during the course of his or her work. The following scenarios can pose a real danger to your wallet:
- Making a mistake with scheduling
- Clients who decide they are unhappy with the work and sue to recover damages
- Workers fail to perform as contracted
- Testing / screening errors
An Errors and Omissions policy does not erase a mistake, but it can help soothe the anger and disbelief of a customer. It helps protect the valued relationships you have developed by protecting both your client and your own financial security.
Mistakes Happen. Even the most skilled professionals are likely to make an error at some point. From human oversights to inadvertent miscalculations, many incidents can result in a lawsuit. This coverage protects employee services professionals against liability for any errors and omissions they may create during the process of developing or delivering their product.
It can also protect you against errors or omissions over which you have no control. A shipping snafu, or the loss of product due to situations beyond your control.
You Can't Be All Places At Once. As your employment services firm becomes more successful, you may not be able to personally handle every aspect of each job. Errors & Omissions coverage insures not only your mistakes, but also the mistakes of the employees and independent contractors you hire. Request a Quote
What Is Covered by Employment Services Errors and Omissions Insurance?
Professional Liability Insurance includes legal defense costs - no matter how baseless the allegations. It will pay for any resulting judgments against you, including court costs, up to the coverage limits on your policy.
Clients may require that you and your subcontractors carry Errors & Omissions insurance. The right kind of E&O policy can protect both the employment services firm and subcontractors from claims of a perceived error or omission, even if the problem occurs months after the initial job.
Request a Quote
Doesn't My General Liability Insurance Provide the Same Protection?
Errors and Omissions insurance coverage is not provided by a
Commercial General Liability policy. Commercial General Liability does NOT provide coverage for errors, contract performance disputes or any other Professional Liability issues. Employment service providers who have General Liability without Professional Liability (Errors & Omissions) coverage are taking a serious risk. It's like a doctor practicing medicine without Malpractice Insurance.
Request a Quote Customized Employment Services Professional Liability Insurance Coverage
Your Professional Liability Insurance policy can be customized to include:
- a business owners package that includes general liability insurance and property insurance
- options including coverage of Personal Injury claims
- defense costs outside the limits of liability
- deductibles beginning at $0
Contact Brunswick Companies today to
request a employment services professional liability insurance quote.
