Business & Commercial Insurance

Professional Liability

Mistakes happen, but you need to be prepared to protect the integrity of your company if an incident or mistake turns into a claim. A Professional Liability policy keeps your day-to-day operations protected should your business be held legally liable.

What Does Professional Liability Cover?

Professional Liability Insurance 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. It can include coverage for 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) – D & O protects your business from loss if your Directors or Officers are held liable for actions related to their corporate positions. This can include conflicts of interest, mismanagement of company assets, and violation of laws.

Fiduciary Liability – Fiduciary covers claims involving the violation of Employee Retirement Income Security Act, or 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 Employment Practices, your business is 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 Norris Insurance today to prevent mistakes and errors from becoming major losses for your business.

Bonds

Assurance for You and Your Business

Owning a business means taking risks. We offer a variety of bond and license services to ensure that your business is protected. Bonds can be issued for a wide range of circumstances, and choosing the right bond to suit your needs can be a difficult task.

The professional and knowledgeable bond specialists at Norris Insurance will work with you to develop a business solution to help meet all of your bonding goals. In addition to providing quality products, we also provide various licensing and permit services to ensure that your business runs to the letter of the law.

Our business solution services include:

• Performance Bonds
• Contractor’s Bonds
• ERISA Bonds
• Fiduciary Bonds
• Sub-Division Bonds
• Court Bonds
• Conservator Bonds
• Surety Bonds
• Fidelity Bonds
• Public Officials
• Liquor Licenses

If you need bond and license services in North Central Indiana, contact a bond specialist at Norris Insurance today who can help you find the surety products that keep your business covered.