If you’re in a management position within a Toronto 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 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 Toronto 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 affordable and effective protection for Torontonians working as managers.