Many technology-based companies arrange insurance for their offices and physical assets with a standard office package. What many do not realize is that standard office packages were never designed to protect the growing liabilities associated with modern technology and internet firms.
Standard commercial liability coverage will not generally provide your company with the proper coverage. Typical losses that are not covered include:
- Errors and Omissions/ Professional Liability
- Products Liability
- Negligent Acts
- Libel and Slander
- Intellectual Property Infringement
In addition to payment resulting from these types of claim, keep in mind that when these losses are reported (regardless of their merit) there are significant legal costs to defend you. If your company only does not have the proper coverage in place, you will bear all the legal costs!
Call Belpac Capri to protect you! We will be pleased to customize an insurance program specific to your company's needs.