At Enpica, we are frequently asked about Professional Liability Insurance and why it is important. In this FAQ we will share some of the more common questions we receive and provide the answers necessary to make a determination about the value of this often misunderstood protection.
Professional Liability Insurance, sometimes known as Errors and Omissions Insurance, covers your organization against claims of negligence, errors, or omissions in the services you provide. This type of insurance is crucial for protecting against lawsuits that could arise from professional activities, such as providing advice, services, or consultations.
General Liability Insurance protects your organization from financial loss if you are found liable for property damage, personal injury, or advertising injury caused by your services, business operations, or employees. It is essential for covering legal fees, medical costs, and damages that may result from these incidents.
Yes, Directors and Officers Insurance is important for protecting the personal assets of your board members and officers if they are sued for wrongful acts while managing your organization. This coverage ensures that your leadership can make decisions without fear of personal financial loss.
Cyber Liability Insurance covers your organization in the event of data breaches and cyber-attacks. It helps cover the costs associated with responding to a data breach, such as notification costs, credit monitoring, legal fees, and fines. This insurance is vital for organizations that handle sensitive information.
Yes, at Enpica, we offer bundled insurance packages that can combine various types of coverage, such as General Liability, Professional Liability, and Cyber Liability Insurance, to provide comprehensive protection for your organization at a more affordable rate.
It is recommended to review your insurance policies annually or whenever there are significant changes in your organization, such as new programs, expansions, or changes in leadership. Regular reviews help ensure that your coverage remains adequate and up-to-date.
You can request a certificate of insurance by filling out our Policy Service Request Form on our website. Provide the necessary details, and our team will process your request promptly.
In the event of a claim, contact us immediately to report the incident. Our team will guide you through the claims process, help you gather the necessary documentation, and work with you to ensure a smooth resolution.
