What is it?
Commercial General Liability Insurance (CGL) protects your business from third-party claims of bodily injury, property damage, and reputational harm caused by your professional activities or company operations. 

Why do we recommend it?
Whether it’s a client, a vendor, or supplier, any business that comes into contact with a third-party needs Commercial General Liability Insurance, especially if you or your employees:

• Own, rent, or lease a commercial space that’s open to the public;
• Have a home-based business where clients visit you;
• Visit your client’s workspace or home, or conduct business anywhere else offsite; and 
• Advertise or create marketing materials for your business.

Policy features include:

• Covers incidents that occur on your premises, at a client’s home, hospital, or alternative facility;
• Bodily Injury and Property Damage Liability;
• Personal Injury and Advertising Injury Liability;
• Medical Payments;
• Tenants Legal Liability;
• An optional extension for Employment Practices Liability (EPL) Insurance, which protects against employment-related claims, like wrongful dismissal, discrimination, harassment, breach of employment agreement, and other workplace-related disputes.

What is it?
Property Contents Insurance protects your commercial property from damage or loss and will cover the costs of repairs or replacement for contents, equipment, and furnishings.

Why do we recommend it?
Property Insurance is critical if you have your own business, regardless of the location. Whether you work from home or out of a commercial office, your general liability or homeowner’s policies won’t reimburse you for any damage to your business assets following a break-in, fire, or other disaster.

Policy features include:

• Covers damage or destruction to the physical property your business occupies from perils such as fire, theft, and natural disaster;
• Replacement cost coverage for contents, equipment, and furnishings;
• Business Interruption and Extra Expense that helps replace lost income and covers additional operating expenses if your business is temporarily unable to operate due to a covered property loss;
• And more.

What is it?
Data Security & Privacy Breach Insurance protects your business and offsets your losses in the event of a breach, such as when your company’s information is stolen or exposed by a hacker, or accidentally released by an employee.

Our valuable policy features include:

• Legal coaching on how to handle the breach;
• Legal fees in the case of a civil suit;
• Funds for court-awarded damages;
• PR services for managing reputational impact;
• Provisions for credit monitoring and client notification fees.

Why do we recommend it?

As a healthcare professional, you are a steward of private personal health information. Unfortunately, since health data is substantially more valuable than other kinds, healthcare professionals are more targeted by cyber criminals than professionals in other industries. There is also the internal risk of employee snooping which is more prevalent than you would think.

You are subject to much stricter privacy regulations and fines—particularly if you are a part of a regulatory College. So, if you or one of your employees were to lose a laptop, experience a network failure, or suffer from a hack that reveals client information—you could suddenly find yourself liable for thousands of dollars in damage. On average, a privacy breach costs $429 for EACH lost health care record. If you have even 100 clients affected by a breach, that could easily amount to a minimum of $42,900 for privacy breach expenses.