Legal Archive

Various Types of Insurance and Their Specifics

An Insight into Different Types of Insurance Products and Their Features

If you are looking to get a liability insurance and want to know more about available insurance products as well as their features then you have to come to right place. In following sections, we will different types of liability insurance products and their important features.

Different Liability Insurance Products and Their Features

Let us start by looking at professional liability insurance first.

Professional Liability Insurance

insurance broker in OrangevilleYou need to be aware of the fact that any liability arising out of professional services you provide are not covered by commercial general liability insurance. Thus, you will have to contact an insurance broker in Orangeville and inquire about professional liability insurance you can get. Let us look at different types of coverage this type of insurance provides.
Errors and Omissions Coverage: If there an omission or error occurs or if economic losses occur due to negligence then this type of coverage proves to be useful. 
Officers and Directors Liability Coverage: This is for lawsuits and claims filed by employees, stockholders and similar other people who are affected by decisions taken by directors or corporate officers. 
Employment Practices Liability Coverage: Here coverage is provided for claims any applicant or employee files related to the wrongful termination of employment, harassment, failure to promote and other types of discrimination.
Let us now look at commercial general liability insurance and its different features.

Commercial General Liability Insurance

In case, you want to avail commercial general liability insurance then you should contact an insurance broker in Orangeville to discuss all the features this type of insurance has and also to know situations where claims get rejected. 
Let us first look at the features before moving onto details of situations where claims get rejected.

Features of Commercial General Liability Insurance

  • Universal Acceptance: This type of insurance is recognized by external agencies, customers as well as business partners. Moreover, they also meet any type of contractual requirements you might be having.
  • Comprehensive Coverage: This insurance covers claims related to bodily as well as property damage. In addition to it, insurance will also pay for the court fees, expenditure on litigation and for other things such as settlement. 
The coverage you get could be for a specific workspace or cover different locations.
  • Retroactive Date: Availability of this feature means that you will get coverage for claims that are related to specific events occurring after retroactive date. 
This retroactive date is mentioned as start date at the time insurance is purchased. The main benefit of this feature is that it provides coverage for cases which come up for an incident after several years have passed.

Reasons for Rejection of Claims

Reason #1: Earlier Period Exclusion
If there is claim related to a period earlier than the retroactive date then such claims are not covered.
Reason #2: Known Issues
If the claim is related to some issue which was already known before you purchased the insurance then such claim will be rejected.


To summarize we will say that there are different insurance products available and you will have to consult an insurance broker in Orangeville to find one which will be right for you.

Medical Mistakes That Warrant a Medical Malpractice Lawsuit

Many mistakes may cause malpractice litigation. A lot of errors or Misdiagnosis mistakes can make the sufferer eligible for compensation. The intensity of the patient's outcome and the error are what determine the compensation. If you want more information about essure lawsuit you may head to

Medical Mistakes That Warrant a Medical Malpractice Lawsuit

Misdiagnosis: A misdiagnosis is when a doctor inaccurately decides that a patient has the disease or a illness later it's discovered that they actually have something. Treatment in the kind of surgery or medication can lead to harm or death.

Diagnosis: This is when the doctor fails to ascertain the cause of the patient's disease until it is too late to give treatment. The individual doesn't receive surgery or medication and the illness continue to grow.

Mistakes in Anesthesia: Anesthesia is the medicine that causes a patient to sleep during surgical procedures. Sensitivity to anesthetics could cause problems and is a factor that is known. The anesthesiologist is responsible for reviewing the patient's medical history to make sure there will be no adverse effects all.

Prescriptions: Mixing medications can cause serious side effects. Doctors must examine a patient's medical records to be certain they don't prescribe.

Childbirth: Mistakes during childbirth might cause injury to the child or the mother or both. The most frequent errors cause brain damage or broken bones. Sometimes the pressure is used or the baby is left in the birth canal and suffers brain damage.

These are just five of the more common mistakes that warrant a medical malpractice lawsuit. Any time you believe you or someone you care about has been a victim of malpractice or neglect, contact an experienced medical malpractice lawyer to discuss your situation.