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Won’t my employer’s business insurance liability policy cover me?


Even though you may be covered under an employer’s business insurance liability policy, this does not clear you from risk. You may still be liable for you own negligence, and as a result, all or part of a plaintiff’s award or settlement. You may even be required to compensate your employer for damages paid to a claimant. You can either assume this risk or buy professional liability insurance that transfers it.

The only way to ensure that you’re covered for your professional acts is to have your own professional liability policy, issued in your name. Your liability insurance policy will provide you with limits of liability that meet your professional insurance needs. And, because the liability insurance policy is issued in your name, many possible conflicts of interest between you and your employer may be eliminated in the event a claim is filed.

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