Why Professional Liability Insurance Is a Good Idea For Your job or Business Visit our website at russellmassey Call us at (803) 779-7854 or email info@russellmassey Most insurance policies for South Carolina professional liability insurance are structured on a claims made basis. This means the insurance policy only covers claims made during the policy period. Error or omission and neglect are covered, as long as they are committed during the policy period and the claim is made during the policy period. Types of coverage usually not included are for criminal prosecution, nor are all forms of legal liability under civil law, unless specified in the policy. Cancelling a professional liability insurance policy before any statute of limitations has expired will in effect make it as if the insured never had insurance coverage for any incidents. A gap in coverage such as this should be avoided. Stop by for a conversation about your professional liability insurance needs for yourself or your business at our convenient location of 1320 Elmwood Avenue in Columbia. , Russell-Massey & Company has relationships with Johnson & Johnson, Burns & Wilcox, TAPCO, Jackson Sumner, and RPS allowing us access to surplus lines companies such as Lloyds of London, Scottsdale Insurance Company, National Casualty Insurance Company, United States Liability Insurance Company, Nautilus Insurance Company, Markel Insurance Company, and First Financial Insurance Company. These partners allow us to place the hard to insure risks.
Posted on: Mon, 19 May 2014 14:25:17 +0000