Your business can be protected from claims caused by a number of unexpected events with Travelers professional insurance. This can include accidents that occur at your business, injuries to others or damage done to their property, libel, and slander.
Travelers offers different types of general Liability policies for small companies, including sole proprietorships and partnerships. You can also purchase an umbrella policy that covers damages over the limits of your general liability insurance policy.
Also, you can buy a coverage-gap option to fill in any holes in your current policy. This is especially useful if you have assets that you want to protect from claims of negligence, wrongful evictions or theft.
You are more likely to be sued if you work abroad. Travelers Global Business Insurance helps you and employees protect themselves against the risk of lawsuits or acts of negligence committed in another country.
The policy can cover any valuable equipment, products or other items that your company owns if they're damaged in transit. It can also be used to cover trade show booths, fine art or other assets.
A professional liability policy protects professionals like accountants and lawyers from damages caused by negligent or inadequate work. It is useful when a customer sues you for damages that were caused by an error.
Finding the right policy for your business is important. You want to make sure that it fits both your needs and your budget.
In addition to standard business owner policies, Travelers also sells specialty insurance for specific industries, such as healthcare and technology. MedFirst (r) is one of the many insurance products that Travelers offers to protect medical technology companies against various risks. For instance, this coverage can help your organization avoid financial loss caused by errors, negligence or omissions as well as property damage and bodily injury resulting from product or clinical trial.
A travel agent can help you understand your options for coverage and get quotes. The agent will be able give you information on cyber insurance and other additional policies.
Travelers policies are sold by a network independent agents. This means you will have to contact them for quotes, to buy or to change your policy. These agents will also be able to give you more information about the other insurance options available for your business.
Simply Business offers quotes from multiple business insurers. However, this service is based in the United Kingdom and doesn't offer U.S.-based policies.
The main drawback of working with a Travelers agent is that you have to deal with them directly to get quotes or make changes to your policies. This can be an inconvenience if preferring to file claims online or manage policies yourself.