“I busted a mirror and got seven years bad luck, but my lawyer thinks he can get me five.” – Stephen Wright 

 

Insuring a professional organization such as a Law Firm, Accounting Firm, or Real Estate Agency is not the same as a Restaurant, Construction Company or Manufacturing Plant.  However, far too often professional organizations are treated as if they had the same set of straight-forward exposures as a retail store. 

Any organization that presents themselves with a Professional/Expert voice is setting themselves up for Professional Liability claims. 

So maybe you’re a little geeky. Maybe this doesn’t make sense to you. 

This is how www.Lawyers.com breaks insurance down: 

“Insurance transfers and allocates risks from the person taking the policy or “the insured” to the insurance company or “insurer.” An insurance policy is a special agreement between the insurer and the insured. To be enforceable, the insurance policy must meet all of the usual requirements of a contract and, in addition, the insured must have an “insurable interest” in the subject matter being insured, such as property, life, and health. Businesses usually carry basic property insurance and commercial liability policies. But they may also carry fidelity insurance, business interruption insurance, and directors and officer’s liability insurance.” 

For more information check out these articles: 

related industry articles 

“If you’d like to talk about your Insurance Risk, contact me today. We can talk about your exposure, and begin our relationship!” 

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