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Professional Liability in Durham, NC, and Raleigh, NC

What is Professional Liability Insurance?

Professional liability insurance—also known as Employment Practices Liability (EPL)—protects businesses from financial burdens derived from employee malfeasance. Professional liability can cover situations ranging from lawsuits directed at a company’s executive staff, human resources misconduct, and fiscal wrongdoing. EPL can also extend to cover issues as diverse as charges deriving from discrimination, sexual harassment, unlawful termination, and issues stemming from violations of the ADA (Americans with Disabilities Act).1

Companies purchase professional liability insurance for various reasons: some companies may want to safeguard against lawsuits from cost overruns and project delays, while others may want to ensure their company doesn’t financially suffer from accusations that worker’s rights have been violated.2

Why Have Professional Liability Insurance?

While some businesses naturally require liability insurance due to their nature, in truth, nearly every business benefits from having professional liability insurance. In today’s litigious society, it is common for a business to incur a costly lawsuit for one reason or another. Sometimes these lawsuits are frivolous in nature, but they are expensive all the same, draining time and resources—damages that can be especially harmful to a small or medium-sized business.

To safeguard your business against the many pitfalls that exist for businesses in modern litigation, consider gaining professional liability insurance with All About Insurance. At All About Insurance, we specialize in keeping small businesses protected from financial dangers because we know that small businesses drive North Carolina’s economy.

What else does Professional Liability Insurance Cover?

Errors and Omissions Liability (E & O) 

  • E&O covers mistakes made by your employees while they are working a job for which the business has been engaged. This coverage typically encompasses employees’ failure to perform their contracted work.

Directors and Officers Liability (D & O)

  • If a corporation’s officers are held culpable for actions related to their position, your company can suffer financial consequences. These liabilities can include the mismanagement of corporate assets, violations of the law, and conflicts of interests.

Fiduciary Liability

  • Professional liability insurance also protects from violations of ERISA, the Employee Retirement Income Security Acts of 1974.3This act oversees standards for company financing, vesting, and the management of retirement plans, the violation of which can be financially harmful to a company.4

Employment Practices Liability

  • In the event that an employee claims his or her rights have been violated, your business is protected with this liability insurance. This protection contains violations or penalties from sexual harassment, mismanagement of employee benefits, and wrongful termination.

Our agents are experienced in providing commercial insurance that keeps businesses safe and free to operate smoothly.  These agents know professional liability insurance particularly well, and they can provide this insurance in custom-tailored form.  Contact us today to find how we can help you.


1"Employment Practices Liability Insurance." Encyclopedia of Small Business. Ed. Virgil L. Burton, III. 4th ed. Vol. 1. Detroit: Gale, 2011. 501-502. Gale Virtual Reference Library. Web. 3 Nov. 2015.

2GREENWALD, JUDY. "Contractors professional liability demand rises." Business Insurance 45, no. 44 (November 14, 2011): 6-21. Business Source Complete, EBSCOhost (accessed November 3, 2015)


4"Erisa." American Law Yearbook. 2006 ed. Detroit: Gale, 2006. 70-71. Gale Virtual Reference Library. Web. 3 Nov. 2015.