It is no surprise that clients cite trust (credibility) as one of the key factors in their determination process for hiring outside consultants and contractors. In today’s economy, clients will perform more due diligence and consultants will need to work harder to reassure clients, both new and existing.
Professional Liability Insurance / Errors & Omissions
As a professional you are held to a certain standard in providing your services. Legally, if a professional fails to exercise the degree of care expected and injury or damage results, you could be held legally liable to the injured party. Unfortunately, in today’s litigious society, you don’t always have to have done something wrong to be sued and you may still find yourself in a position to defend yourself.
Professional liability insurance (aka errors & omissions) covers you for negligence and errors or omissions that injure your clients, and sometimes third parties who rely on the services you provide your clients.
Understanding Contractual Provisions
McGowanPRO’s commitment is to provide you More than a Policy. And, we know that for independent contractors, contracts and their relevant provisions are essential to your business.
McGowanPRO specializes solely in providing quality professional liability insurance (including EPLI, Fiduciary, D&O) from highly rated carriers. Professional liability insurance is a specialty coverage; coverage is not provided under homeowners endorsements, in-home business policies or business owners policies (BOPs)
Information usually needed to obtain a quote.
– Completed and signed application and supplement
– Statement of qualifications or resumes of key personnel
– Past two (2) years audited financial statements if applicable
– Copy of standard client contract if available
Fax your application and information to McGowanPRO at 1-508-656-1399.
If you do not see an application or information regarding your class of business please contact us.
*This information is for descriptive purposes only. Only the actual policy form can provide exact policy terms and conditions.