Professional Insurance
When a specialist deals with hundreds of clients every day, no matter how skilled, experienced, and well trained they are, they could still make an unintentional mistake that could land them in some serious trouble. We at Starlight Insurance stand against such claims. All the hardworking specialists are only humans at the end of the day; anyone can make mistakes.
We strongly believe that harshly punishing a practicing specialist because of an unintentional error when providing their services is an unjustified practice. Thus, we fight against such rulings and provide the specialist with appropriate protection to ensure their future is safe.
Following Coverages Are Offered to Our Professional Clientele:
Errors & Omissions Insurance or known as E & O Insurance, protects your business from lawsuits claiming that your company made a mistake in delivering its services. This insurance can help cover your settlements or court costs, which otherwise could be a severe financial burden on your company. Without E & O Insurance, your company will be liable to claims for negligence, errors made, omissions, misrepresentation, violation of fair dealing and good faith, and inaccurate advice when providing the services to customers.
Professional Liability Insurance offers the experts and specialists the protection against errors and mistakes they might unintentionally make while practicing or providing their services. Everyone can make mistakes, which doesn’t mean they should suffer severely and be put under a heavy financial burden. Even if you haven’t done anything wrong, your client can successfully sue you on the assumption that you made an error. Without Professional Liability, your professional career will be vulnerable to claims of negligence, misrepresentation, and inaccurate advice.
Bond Insurance is an insurance policy purchased by a bond issuer. It guarantees the repayment of the principal amount and all associated interest payments in the event of default to the bondholders. Without Bond Insurance, your investments on the bonds might fall under the risk of facing a default. This insurance coverage protects the bondholders from thus default by confirming repayment of the principal amount plus interest owed.
Builder’s Risk Insurance, also known as Course of Construction Insurance, specializes in property insurance that protects buildings under construction. It’s not just essential for any building construction project but could serve as the backbone for the project’s success. Without Builder’s Risk Insurance, your construction project will be vulnerable to damages done by fire, lightning, hail, explosions, theft, vandalism, and natural disasters.