Fenner & Esler is not only a highly rated architect & engineers insurance company. We additionally provide design professionals with the finest alternatives when it comes to EPLI for engineers. The majority of engineers and engineers have some employees, comprised of administrators and assistants. In any creative business, working relationships are frequently close ones, resulting in a blurring of the lines between employer and employee, which in turn can lead to issues in terms of legal obligations associated with the employer status. In order to safeguard the long-term financial viability of the design firm, it is vital to take advantage of EPLI for engineers.
Even in the most closely knit design firms, it’s possible for employment issues to arise, making employment practice liability insurance for engineers an essential investment. Creating an exhaustive set of human resources practices and procedures can go quite a distance towards safeguarding you from employment liability issues; however, such steps are inadequate in the face of an actual lawsuit. Even if a legal action is without merit, the cost of litigation could be significant. By having engineers employment practice liability insurance, you’ll make sure that your financial security is protected from any kind of suit coming from claims of unfair dismissal, harassment or other violations of office laws. EPLI for engineers provides coverage, up to the limitations of liability, for the expense of litigation along with the costs for any settlement of the case.
Engineer Insurance Brokerage
When a company applies for employment practice liability insurance for engineers, the insurance carrier will typically ask to see a copy of the firm’s manual on HR procedure and policy. Choosing to insure with an insurance brokerage for engineers or engineers specializing in employment practice insurance for engineers will be helpful; the broker will ensure that the HR manual details all the information on policy and procedure that the insurance providers they work with may need. An agent can also tailor the program to ensure that the client’s application fits their business needs, while also seeking for the cheapest possible premium. Brokers additionally have an awareness of engineers EPLI which allows them to provide advice and assistance should an employee make a claim.
Engineers Insurance Companies
Since architect and engineer insurance coverage operates on a basis of claims-made, it’s crucial to maintain continuous coverage so that the firm is protected. It’s possible to find insurance that may cover events in the past, but the premiums on such policies will be more costly. The substantial expertise we have at Fenner & Esler as an experienced engineer and engineer insurance company will work to your benefit because this process can be easily overwhelming for someone that’s just getting started.
Architects & Engineers Insurance
Fenner & Esler engineers and architects insurance coverage specialists are experts in the field and will find an insurance solution with an A rated carrier that is tailored only for you in Pennsylvania, making certain that the stability of your company is constantly assured.
Fenner & Esler has been serving the needs of design professionals in need of engineers and architects insurance coverage by supplying a wealth of effective alternatives since 1923. We’re an independent brokerage. This means that unlike larger engineer and engineer we can customize a plan which will suit your exact needs. Whatever your insurance needs are, feel free to contact the experts at Fenner & Esler today.