Liability insurance covers me as a work consultant aboard a foreign vessel if a claim is file surrounded by the U.S.,?
but what if someone files a claim in another country? How can I protect myself as a therapist?
Answers:
Almost adjectives Commercial General Liability policies are worldwide coverage. Professional Liability, which you would require, may be more restrictive in the areas covered, so ensure your broker confirms the territories covered quench your needs. Also while some policies provide worldwide coverage, it will only respond to suits or schedule brought in the United States. So if you (only you can file a claim below your policy) are trying to file a claim for a judgement awarded in England for something that happen in Barbados, and your policy has the U.S. suit stipulation, afterwards nothing will be paid. So ensure that the policy you are purchasing does not contain this clause, or in recent times be aware of it if it cannot be removed.
You want to buy a global or worldwide liability policy.
Keep in mind, common liability and worldwide liabiltiy exclude coverage for PROFESSIONAL SERVICES. You have more to worry give or take a few a professional liability (aka malpractice) lawsuit than you do about a foriegn lawsuit. Source(s): agent, 21+ years
Related Questions:
Answers:
Almost adjectives Commercial General Liability policies are worldwide coverage. Professional Liability, which you would require, may be more restrictive in the areas covered, so ensure your broker confirms the territories covered quench your needs. Also while some policies provide worldwide coverage, it will only respond to suits or schedule brought in the United States. So if you (only you can file a claim below your policy) are trying to file a claim for a judgement awarded in England for something that happen in Barbados, and your policy has the U.S. suit stipulation, afterwards nothing will be paid. So ensure that the policy you are purchasing does not contain this clause, or in recent times be aware of it if it cannot be removed.
You want to buy a global or worldwide liability policy.
Keep in mind, common liability and worldwide liabiltiy exclude coverage for PROFESSIONAL SERVICES. You have more to worry give or take a few a professional liability (aka malpractice) lawsuit than you do about a foriegn lawsuit. Source(s): agent, 21+ years
Related Questions:
- What is liability insurance?
- Does Liability Insurance and an LLC be in motion paw surrounded by paw?
- As long as I enjoy liability insurance for my business, can't I remain a sole proprietorship?
- The canon requires liability motor insurance-what if my BF.wrecks driving it?
- I am looking for General Liability insurance for a start up remodeling company.?