Coverage designed to cover the liability of an organization and its management for employment-related wrongful acts, errors or omissions. Common types of claims include wrongful termination, sexual harassment, discrimination, invasion of privacy, breach of contract and wage and hour violations. Recent headlines of harassment allegations in the workplace and the #metoo movement highlight the need for EPLI insurance.
Excess or Umbrella Liability policies cover damages and defense costs in excess of coverage provided by any scheduled primary policies held by the insured.
These extensions are available for a wide range of circumstances. Owens Group can help identify the best policy for your needs.
Covers the liability of those serving in a fiduciary capacity, for financial loss due to an alleged breach of duties. Fiduciary Liability insurance can be issued to either the employer that sponsors the benefits plan or to the plan itself. It is appropriate for retirement plans, health plans, life insurance and disability plans, and employee benefits plans of all kinds. Coverage is not limited to ERISA plans, so if you have a non-ERISA benefits plan for which you need Fiduciary Liability insurance, speak with us to discover your choices. Those might include multi-employer plans, also known as Taft-Hartley plans, such as those provided by unions.
Covers an organization’s third-party liability for bodily injury and property damage, arising outside the coverage territory of a domestic liability policy, for the following items:
Coverage includes liability for the work-related injury or disease of foreign-based employees, not otherwise covered by statutory Workers’ Compensation insurance.
Covers damages and defense costs for bodily injury, property damage, personal and advertising injury to third-parties arising from your negligent premises, operations, products or completed operations.
Covers individual corporate directors and officers for liability arising from wrongful acts, errors or omissions committed in the course and scope of their duties, as specified within a policy. Coverage can also be provided to the organization in the amount that is legally required to indemnify corporate directors and officers for specified wrongful acts, errors or omissions.
Personal Directorship Liability (PDL) is a liability policy for independent directors that responds when certain losses are not indemnified by their companies, or not paid by other Directors & Officers Liability insurance.
The policy is designed to meet a variety of needs for an independent director and can be customized to cover any combination of boards that a director serves on. PDL can be the last line of defense for independent directors before they need to tap into their personal assets to respond to a claim.
Policy limits of up to $10 million are available.
Virtually every business has exposure to environmental issues; but did you know that these risks are excluded in standard Property and General Liability policies? Pollution/Environmental Liability policies provide coverage for an organization’s clean-up costs, for third-party bodily injury or for property damage, along with associated legal costs, due to pollution conditions arising from its operations.
Pollution liability extends beyond a leaking underground oil tank – there are many contaminants to consider, such as mold, lead, allergens and fumes. Coverage is available for gradual, sudden, accidental and, in some cases, known contaminants.
Owens Group has the expertise to identify these risks and to help you properly cover them.
Provides liability coverage for third-party bodily injury or property damage, due to the use or consumption of products that you manufacture or distribute to others. Products Liability insurance would provide your legal defense, as well as pay any settlement or judgment that your business would otherwise be required to pay.
Covers the damages and defense costs of a designated person or organization, for liability arising from wrongful acts, errors or omissions enacted in the course — and scope — of their duties. We can provide coverage for the professional services of almost any firm, including doctors and their assistants, dentists, orthodontists, anesthesiologists, attorneys, accountants, architects and engineers, designers in multiple disciplines, realtors and many more.
