General Liability insurance covers third-party claims when your supply chain consulting service is sued over bodily injuries, property damage, personal injuries, advertising mistakes, libel, slander, and other related risks. This insurance will cover defense and court fees including out-of-court settlements.
Errors & Omissions (E&O) insurance can protect your business from negligent acts in which your business either commits a mistake (errors) or fails to perform the contracted work (omissions). This insurance helps your business by bearing the full cost of defending against an errors & omissions claim.
Commercial Auto insurance provides financial assistance for costs resulting from a vehicular accident. This insurance covers the cost of repairing or replacing business vehicles, as well as medical expenses to injured employees should an accident happen.
These establishments offer assistance to businesses and focus on issues such as freight rate or tariff rate, productivity improvement, inventory planning, and control management, transportation management, and manufacturing management.
Supply Chain Consulting services need insurance as this protects your business from the many known and unknown risks. The insurance will pay for the cost of lawsuits when your business is being sued, the medical expenses if need be, and other expenses.
Below are some of the risks supply chain consulting services can face:
There is no fixed cost of insurance of supply chain consulting services as the cost mostly depends on the size of your business, the number of employees you have, and the coverage required. To find out the cost of your insurance, simply apply online and we'll send your free quote in as little as five minutes.
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