610-287-8800

Professional Liability in Schwenksville and Exton, PA

Mistakes Happen

In today’s litigious society, lawsuits against businesses are common. And as a business owner, you need to be prepared to protect the integrity of your company if an incident or mistake turns into a claim.

At Sigel Insurance Group, we understand that mistakes happen. That is why we are committed to helping you create a Professional Liability policy that keeps your day-to-day operations protected should your business be held legally liable.

What Does Professional Liability Cover?

While it is important for your business to have general liability coverage for property damage and bodily injury, Sigel Insurance Group recommends adding Professional Liability Insurance to your business portfolio because it 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, if your business charges fees for your services. It can include coverage for any 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) - Having financial protection for your business’ Directors and Officers can prevent loss in the event that they are held liable from actions related to their corporate positions. This can include anything from conflicts of interest to mismanagement of company assets and violation of laws.

Fiduciary Liability - Fiduciary covers claims that involve the violation of the Employee Retirement Income Security Act, or ERISA. If a manager, for example, violates the financial obligations of 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 proper insurance, your business can be 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 Sigel Insurance Group today to prevent mistakes and errors from becoming major losses for your business.

 

Sigel Insurance Group

709 Main Street

Schwenksville, PA 19473

Main office: 610-287-8800
Fax: 610-287-6524

Office Hours:

Mon: 8:00 AM - 5:00 PM
Tues: 8:00 AM - 5:00 PM
Wed: 8:00 AM - 5:00 PM
Thurs: 8:00 AM - 5:00 PM
Fri: 8:00 AM - 3:00 PM
Sat: Closed
Sun: Closed

Our Providers

Testimonials

We have had the pleasure of working with Sigel Insurance, specifically Teresa, for a number of years now. Teresa has our best interests in mind and has worked diligently to save us many dollars on our personal insurance needs. We are so grateful for her thoroughness and time spent with us to make sure we have the best plans for our needs.
Laura M.
As a client of Sigel Insurance group for more than 20 years I can't speak highly enough about their dedication to customer service and their ability to provide competitive pricing and quality coverage.
L. Saligman
Teresa has always given us excellent customer service. Everyone at Sigel Insurance is always available to answer any questions and to assist with any insurance needs.
Karen K.
Prior to working with Sigel Insurance Group I had a plan directly with an insurance company and felt overwhelmed at the thought of trying to explore other companies and options. Teresa and her team do this work for you - finding the policy that best fits your needs and finding some great discounts along the way. She also can help you to understand what coverage is really necessary. I have refereed a number of my family and friends to her and highly recommend her team.
Jenny L.
Sigel Insurance Group has been our insurance agent and consultant for almost 20 years. When premiums increased dramatically around 2000, they suggested that we look at dropping insurance for our Professional Liability and Workers’ Compensation exposures and then partnered with us in obtaining State approval to Self-Insure our Professional Liability and Workers’ Compensation exposures. Over the past 14 years, the result has been a dramatic reduction in claims which netted millions of dollars in savings over an insured program. They work hand-in-hand with us with our safety program to continue a declining trend in Liability and Workers’ Compensation claim frequency and net costs. Eric Sigel and his staff of professionals are personable, reliable, ethical and dependable.
David Hughes Vice President, Operations The Philadelphia Protestant Home
Sigel Insurance has been our insurance broker since 1986 and has consistently provided outstanding service. Teresa Sigel Glass has helped us make the best decisions for our personal lines insurance portfolio. Teresa has provided all types of services to us over the years: in depth analysis and coverage comparisons, recommendations on how to handle a specific issue, and answering questions that provide us with peace of mind. I cannot recommend Teresa enough. I don't understand why someone would choose any other broker to handle their insurance needs.
Dianne and Arthur S.