Travelers professional liability can provide protection for your business against claims due to a wide range of unforeseeable 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 buy an umbrella policy which covers damages in excess of the general liability limits.
A coverage gap option is available to help you fill any gaps that may exist in your insurance policy. It is useful for protecting assets from theft, claims of negligence or wrongful evictions.
When you work abroad, your risk of exposure to damaging lawsuits increases. Travelers offers a global business policy to cover you and any employees against claims or wrongdoings committed abroad.
This policy can also cover your company's valuable products, equipment and other items if they are damaged or stolen while traveling in transit. This policy can cover other assets such as fine art or trade show exhibits.
A professional liability policy protects professionals like accountants and lawyers from damages caused by negligent or inadequate work. This is especially useful if you are sued by a client for damages caused due to an error that was made when delivering services.
Finding the right policy for your business is important. You want to make sure that it fits both your needs and your budget.
Travelers provides specialty insurance to specific industries including healthcare and tech. 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.
A travelers insurance agent will be able to discuss your coverage options with you and provide quotes. The agent will be able give you information on cyber insurance and other additional policies.
Travelers policies are sold by a network independent agents. This means you will have to contact them for quotes, to buy or to change your policy. They can also give you information on alternative business insurance options.
Simply Business offers quotes from multiple business insurers. This service, however, is based in United Kingdom and does offer U.S. based 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. This can be an inconvenience if preferring to file claims online or manage policies yourself.