The Hartford has launched a new professional liability insurance offering to help protect small businesses in the event they are sued by a customer claiming a negligent act, or error or omission in the professional services they provide.
This new endorsement to The Hartford’s business owner’s policy expands the number of industries The Hartford can protect with a professional liability endorsement to more than 30. The industry-focused coverage can be customized to meet the needs of small businesses such as accountants, graphic designers and consultants and gives businesses the option of working with one policy and one bill.
Features for the endorsement include:
- A range of deductible and coverage limit options;
- Extended reporting period, which covers a small business owner if a claim is made after an insurance policy ends;
- Full prior acts coverage, which protects a small business owner against unknown errors or omissions that took place before the policy began; and
- Convenience of one policy and one bill.
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