How financial services liability insurance protects your small business
Accounting, bookkeeping and financial advising liability insurance can help cover costs if you find yourself in the unfortunate situation of being accused of causing an injury or damaging property, or if someone says that your work mistake caused financial losses.
We combine two types of liability insurance in our small business insurance packages:
Professional liability insurance (also known as errors and omissions), covers you for cases where you are accused of not having done your job properly, whether that’s true or not. If your clients sue you for making a mistake in your paperwork that led to them losing out on significant tax advantages and paying more than they had to, professional liability coverage will help pay for costs to defend your small business or fix the problem.
General liability provides coverage for expenses related to physical injuries that could happen at your office or accidental damage to someone’s property.
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