CALL US:
503.266.2216

Professional Liability in Canby and Portland, OR

Mistakes Happen

In today’s litigious society, lawsuits against businesses are common. And as a business owner, you need to be prepared to protect the integrity of your company if an incident or mistake turns into a claim.

At Gustafson Insurance Agency, we understand that mistakes happen. That is why we are committed to helping you create a Professional Liability policy that keeps your day-to-day operations protected should your business be held legally liable.

What Does Professional Liability Cover?

While it is important for your business to have general liability coverage for property damage and bodily injury, Gustafson Insurance Agency recommends adding Professional Liability Insurance to your business portfolio because it insures the people and/or entities of your business from negligent claims made by third parties, or even internal sources.

From failure to render a service to malpractice suits, Professional Liability can provide a wide variety of options, such as:

Errors and Omissions Liability (E & O) – E & O covers any mistakes made by employees who work on behalf of your business, if your business charges fees for your services. It can include coverage for any errors such as failure to perform or violations of contract. Depending on your industry, your insurance needs will vary.

Directors and Officers Liability (D & O) - Having financial protection for your business’ Directors and Officers can prevent loss in the event that they are held liable from actions related to their corporate positions. This can include anything from conflicts of interest to mismanagement of company assets and violation of laws.

Fiduciary Liability - Fiduciary covers claims that involve the violation of the Employee Retirement Income Security Act, or ERISA. If a manager, for example, violates the financial obligations of ERISA, having the right coverage can protect your company if held liable in situations from imprudent investments to failure to enroll employees.

Employment Practices Liability - With proper insurance, your business can be protected if a worker claims that his or her rights have been violated. This can include violations from sexual harassment and discrimination to violations of the Americans with Disabilities Act (ADA), mismanagement of employee benefit plans, and wrongful termination.

Contact a representative with Gustafson Insurance Agency today to prevent mistakes and errors from becoming major losses for your business.

 

Our Location

Gustafson Insurance Agency

541 NW 2nd Ave
Canby, OR 97013
Main office: 503-266-2216

Our Providers

"Gustafson Insurance has given me exceptional service for my business, home and auto insurance for over 40 years" ~Jim Newton, Gene's Home Electronics
Jim (Jimmy) Newton
"Count on Gustafson Insurance...We do and have for 15 years!" ~ Ed Netter Family
Ed Netter
"As Hope Village has grown so has our insurance needs. Scott and his staff at Gustafson Insurance have worked hard to evaluate and implement a program of insurance to take care of our growing development." ~Executive Director Hope Village
Hope Village
"Our family trusts all of our insurance with Gustafson Insurance. They've been helping us for over 20 years." ~Rick & Christina Beko
Beko Family
"I'm 100% satisfied with the professional service from Gustafson Insurance" ~Kory MacGregor, President Roth Heating
Kory MacGregor