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Newfoundland Management Liability Insurance
If you’re in a management position within a St. John’s or Newfoundland-based business, you run the risk of being held liable if something goes wrong under your watch. Whether it’s an issue with the performance of an employee or the quality of a particular service, you could be accused of negligence and legal action may be taken against you and your organization.
Many Newfoundland companies have Directors and Officers Liability insurance, but this type of policy typically doesn’t cover services carried out in your capacity as a manager. Even if you have a general management liability insurance policy, you may not be completely protected should legal proceedings take place.
That’s why EasyCover offers Newfoundland Management Liability Insurance (also known as Errors and Omissions Insurance). This specialized type of Professional Liability coverage goes above and beyond Directors and Officers Liability insurance, offering additional coverage should you face legal proceedings due to services or advice you may have provided in a managerial capacity. It’s the perfect way for Newfoundlanders working as managers to protect their professional reputations and finances.
Examples of Newfoundland Management Liability Insurance
Typical scenarios for claims can include:
After dismissing an employee on reasonable grounds, you may be faced with allegations of wrongful termination from a difficult employee
Mishandling of funds or investments:
After working on a project for a client, they accuse you of mishandling their funds or failing to meet the instructions for how funds were allocated
Lack of corporate governance:
Following changes in the structure of your organization, shareholders accuse you of lack of corporate governance
Protect yourself from the unexpected. We offer Newfoundland Management Liability Insurance to keep you covered.
Why Use EasyCover
If you provide advice or professional services to your clients, and are sued due to your alleged negligence, your Commercial General Liability policy may not respond. You need the protection of Professional Liability Insurance.
With EASYCOVER Professional Liability Insurance, you are protected against a broad variety of negligent acts, errors or omissions, backed by one of the oldest and most respected insurance providers in the world.
Get Canada’s first online Professional Liability Insurance at very competitive rates.
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