Administrators handle extremely sensitive client documents and confidential data daily. Accidents like lost paperwork, data breaches or confidentiality leaks are constant risks.
Liability insurance covers the financial fallout and legal claims arising from:
- Property damage in a client’s office
- Personal injury to a client due to negligence
- Loss or misfiling of vital documents
- Confidential data breaches
Without adequate insurance, such incidents could mean substantial pay-outs to clients so coverage is vital.