It's up to you to ensure that you have the right type of business insurance, so that you’ll never have that nagging doubt about what would happen if you did have a serious professional liability lawsuit in your hands.
In addition to Commercial General Liability insurance, a modern technology insurance policy package must include - amongst others - such crucial types of coverage as:
Your specific company may need other types of coverage and higher (or lower) coverage limits ($) depending on, for example:
- its type of operations (products or services),
- its revenue size,
- the industries your clients are in,
Bottom line, if your company provides technology services or products (as described above), then it needs tech insurance (and not just a generic business insurance policy).
Remember, having insurance is *not* peace of mind.
Having the right insurance is.
Look, perhaps you are sure that your current business insurance policy is the right one, meaning .... that it covers what your business needs, such as: work done by your subcontractors, your tech services and tech products, cyber exposures, network and media liability, etc.
If that’s the case, congratulations!
But if you are harbouring even the smallest doubt, we’d love to help put your company on the right track. Every day you don’t act on this you run the risk of unpaid claims. Who’d want that?