Professional liability insurance is a must for those in the communications field. It covers a variety of potential claims that might otherwise cost all of a company’s resources in legal fees. Here is an explanation of what media liability insurance covers.
What Does It Cover?
Professional liability insurance protects a company from the legal fees associated with simple yet costly mistakes by its employees. The following are examples of claims it would cover:
- Defamation, libel, or slander
- Invasion of privacy
- Copyright infringement and plagiarism
- Breach of contract
Whom Does It Cover?
An insurance agent can write a policy to protect as many people as necessary. You can cover your entire company or any of the following:
- Upper management
What Types of Businesses Are Eligible?
Dedicated media companies obviously need this type of protection. However, anyone who has a website or uses newsletters, email campaigns, or advertising flyers could benefit. Here are a few examples of types of businesses that regularly invest in media liability insurance:
- Graphic design
- Software development
Media liability protects against much more than the average slip-and-fall claim that general liability covers. Talk to your insurance agent about how to customize a policy for the specific type of media work you do.