Errors & Omissions
Make sure to have a well documented internal system in place and ensure sufficient errors and omission coverage, even in the event of a baseless allegations.
Directors & Officers Liability
Will you be able to cover the costs associated with legal defense and damages if you are sued for wrongful acts, even in the case of a baseless allegation?
You could be held liable should a hacker infiltrate your computer network and acquire sensitive data, or hold your data hostage. If your business experiences a breach, would you be able to cover the costs of customer notification, credit monitoring, legal fees or fines?
Electronic Data & Valuable Papers
You may be covered for files and important documents in the event of a fire or other unforeseen occurrence, but will you be covered for costs required to work without them and/or rebuild the information?
Employment Practices Liability
Do you have strong procedures documented and in place to prevent a lawsuit for alleged discrimination, harassment, or wrongful termination? Would you be able to cover the cost of a multi-million dollar settlement?