Securities Broker-Dealer Professional Liability (US)

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And why is the distinction important? The most important difference between the two lies in what usd inr rate fx street are covered by each policy.

For example, your client needs a policy that will cover a new financial program for accountants to manage reports more efficiently. If the program causes an error or produces incorrect results, it could lead to a forex kurs rzeczywisty loss.

The way we look at it, the software provider is the equivalent of a business consultant; they are consulting and providing a errors and omissions insurance for stock brokers to create a better accounting program.

General professional liability policies almost always exclude professional services.

For example, your client might hire an external consultant for a technology-related inquiry. The consultant could advise your client to implement the newest Microsoft Office updates, and make another suggestion to change a human resource-related protocol within the same meeting.

The consultant actually provided two types of counsel: Different types of counsel require different policy forms. It really depends on the specific exposures that are unique within the risk.

Often the combination of the two policies will ensure there are no gaps in coverage, so it is critical to evaluate all risk exposures and provide adequate coverage. Sign Up for updates!

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