| Who Does My E&O Policy Cover? Errors and omissions insurance (E&O) is a type of liability insurance that protects companies and their workers or independent contractors from claims made by clients for professional problems or negligent actions.
So, who exactly does that cover? Here's a quick primer of who is covered when you decide to purchase coverage for your business:
1. The Named Insured(s)
2. Any owner, principal, executive officer, director, or stockholder of the Named Insured acting within the scope of their duties for the Named Insured
3. Any employees of the Named Insured while acting in the scope of their duties for the Named Insured
4. Independent contractors who are acting alone, whether or not incorporated, working under contract with the Named Insured, but only when conducting the Named Insured's Travel Agency Operations
5. Any individual while acting as a tour guide or tour escort working under contract with the Named Insured, but only with respect to liability arising out of a tour being conducted for the Named Insured.
E&O insurance is an easy decision for business owners; an unforeseen allegation can cause a mature, successful business to go bankrupt overnight. Our team of E&O professionals is on-hand to guide you to the most suitable policy.
Errors and Omissions insurance is underwritten by Berkshire Hathaway Specialty Insurance Company. Policies have exclusions and limitations. For complete details of coverage, contact BHTP by calling 844-411-2487, or emailing us at assist@bhtp.com. | Excellent Coverage - We provide coverage for Bodily Injury, Personal Injury, and Hired Non-Owned Auto.
| | | Competitive Rates - We work with travel agents and tour operators to determine the best coverage options for their businesses.
| | | Financial Strength - As a subsidiary of Berkshire Hathaway Specialty Insurance, we have the resources to protect and help build your business.
| | Berkshire Hathaway Travel Protection is the name for the travel insurance products (including travel errors and omissions coverage) underwritten by Berkshire Hathaway Specialty Insurance Company, Central States Indemnity Company of Omaha, National Liability and & Fire Insurance Company, and National Indemnity Company. Exclusions and limitations may apply to coverages. Visit www.bhtp.com for more information. | | | | | | | | | | Northstar Travel Group 100 Lighting Way, Secaucus, NJ 07094 | | | |
No comments:
Post a Comment