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Why Counselors Need Liability Insurance

Article by Heather Pulse
























It is important that you find the right kind of liability insurance for counselors in order to protect your practice. No one is immune from a liability lawsuit no matter how careful or professional your services. Whether or not you are at fault for a claim of negligence, you will still have to pay legal defense fees even if there are no damages awarded. If you do not have insurance, you can find that even these fees can put a huge dent in your practice’s profits and can bleed into your personal assets.

Professional liability insurance works for counselors in the same way it does for all kinds of professionals. As a counselor, you are dependent upon your reputation in order to draw in clients and retain them. You need liability insurance to protect your name against slander and libel because accusations can prevent you from drawing in new clients and make you lose existing ones. This is why it is just as important to have professional liability insurance just as it is to have general liability or commercial property Liability Insurance for Counselors to protect physical assets.

As you look into Liability Insurance for Counselors, you will need to consider how much coverage you need and where you need to be covered. For instance, if you work with patients off site including their homes, you want to make sure your policy will cover you in this venue. With mobile technology making it possible to work from anywhere, you want to have coverage that can protect you anywhere in the world, but you may want to pay close attention as to how you are covered if you work with clients who are not local.

When you look for coverage, you may want to keep in mind that your policy will only cover you up to a certain extent. In some professions, you may find coverage that protects professionals in the millions of dollars. However, you may find that you only need a few thousand in coverage. In addition, you should keep in mind that your policy will not cover any claims that occurred before you obtained the policy and does not cover punitive damages or cases of fraud.

There are many choices you have to make when you need to get liability insurance for counselors. However, there are many companies that work specifically with this kind of liability insurance, so you are most likely to get the type of products you need here. You can search for these companies on your own and go through a plethora of quotes, or you can get some expert help from a broker or agent. In either case, you must be prepared to undergo the process of finding the right coverage.

About the Author

Visit Liability Insurance for Counselors for more information or visit our blog at http://cvcourt.com/why-counselors-need-liability-insurance/.












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Wise Businessmen Get Public Liability Insurance

Article by Brent Ford
























A lot of people believe that if you own a business, then you’re probably rich since you make a lot of profit and seldom face any losses. This is not entirely false as it can be true if businessmen choose to insure their business with the correct insurance plan. In Australia, insurance companies have helped several business owners by offering good public liability insurance plans.

Smart businessmen get public liability insurance plans to escape having to pay for any liability claims from third parties right out of their own pockets. Aside from protecting the business, public liability insurance also gives some peace of mind to the business owners, letting them focus more on how they can run their business successfully.

Public liability insurance is not only ideal for people who work from an office location but it is also ideal for those who work from home. This insurance plan is ideal for anybody who uses a designated area for business wherein clients are allowed to visit that area on a regular basis. Public liability plans not only cover businesses when an accident has occurred at the designated premises but also when the business owner has taken a decision on behalf of the client that had a negative impact on the client. Due to this reason, professionals such as doctors, architects, tax and real estate agents are encouraged to opt for public liability policies. Store owners and construction company owners are likely to benefit the most out of liability insurance plans.

Liability insurance plans are meant to encourage out of the court settlements and prevent law suits. The insured amount chosen by the business owner is paid to the third party to settle for any damages done. Buyers should note that even though most insurance providers allow them to chooses their desired insured amount and deductible, opting for a high deductible may reduce premiums but by choosing a high deductible the granted compensation amount will reduce significantly as well. Smart business owners often choose a small deductible and a high insured amount.

Knowing that your business is protected from potential liability claims can help you run your business smoothly and securely. There are several different types of liability plans being offered to people who want to protect themselves and their businesses from liability claims. Depending on the nature of your work or business, you can insure your business for million or more.

About the Author

For more information about public liability insurance, visit http://www.publicliabilityinsurancequote.com.au/












Use and distribution of this article is subject to our Publisher Guidelines
whereby the original author’s information and copyright must be included.

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