Crime and punishment in Canada have changed significantly over the years. Authorities have discovered new ways to catch criminals. Nevertheless, detectives agree that older techniques are still effective today. During many court cases, authorities will attempt to identify their suspect by analyzing their handwriting. In this type of situation, a graphologist’s services will be very handy. This professional is responsible for studying the way a person writes.
It is possible to compare two or more documents to determine whether they were written by the same individual. If you’re a graphologist and serve Canada, you’ll find an assortment of ways to make money from your expertise. Just remember that you shouldn’t start working until you’ve protected your firm with graphologist insurance.
What Is Graphologist Insurance?
As a graphologist, you need to be very good at your work. If you’re not, there is a risk that you’re going to make a serious mistake. You were confident that the note matched his handwriting, but you were wrong. Now, you’re being sued for your error. Graphologists face many risks and this is only one of them. With that being said, you cannot ignore the immense benefits of owning a graphologist insurance policy. Graphologist insurance is also professional liability and errors and omissions insurance. It is primarily designed to protect your company from professional liability related lawsuits.
If a client accuses you of neglect or clerical errors, graphologist insurance will be there to defend you.
What Can You Pay With Graphologist Insurance?
Graphologist insurance is important because it helps you deal with lawsuits. You never know when you’re going to do something wrong and have a lawsuit filed against your company. You might’ve made a mistake when analyzing a person’s handwriting. Or, you might’ve sent the final report to the wrong person. If you do this, your client may argue that your work didn’t meet the industry’s standard. Now, you’re the target of a professional liability lawsuit.
While you still need to be concerned, you’ll be glad to know that professional liability insurance can help by paying the court-related fees. This insurance will pay the lawyer’s fees, administrative expenses, court fees, settlements, and judgments. It is also a good way to pay for expert witnesses to testify on behalf of your firm.
Why Does A Graphologist Need Insurance?
As a graphologist, you need to maintain a comprehensive insurance policy. You’ve worked hard to keep your clients happy but problems are going to occur. You might as well prepare for potential problems because they’re going to happen sooner or later. You need graphologist professional liability insurance because you never know when you’re going to mess something up. In addition to this, you should know that professional liability lawsuits can stem from misunderstandings, clerical errors, disclosure problems, and missed deadlines.
Are you worried that you won’t finish the report on time? Your client may not understand. If they don’t accept your excuse and apologize, you’re going to be used. Using professional liability insurance is the best way to protect your company.
What About General Liability Insurance For Graphologists?
You’ll also need to obtain general liability insurance to protect your company. When someone is thinking about using your services, they’ll likely visit your office. They’ll want to learn more about your services and your experiences. They’ll visit so they can learn more. Most Canadian provinces have bad winters so your parking lot might be a sheet of ice by the time they arrive. If so, they could step out of their vehicle before crashing to the ground. They’re angry and argue that you could’ve used salt to melt the ice.
To resolve this problem, you should use your general liability insurance. GLI will help cover the medical expenses when someone gets hurt at your company. It will also cover advertising injury claims and property damage claims against your company. The insurance will cover claims up to the coverage limits of your policy.
What General Liability Insurance Won’t Cover
Professional liability and general liability insurance are not perfect. While they give you more protection and peace of mind, they’re not going to protect you from all potential problems. Neither will protect your company from commercial automobile accidents, employee injuries, and damage to your commercial property. You’ll need to obtain additional insurance policies to protect yourself from these problems. Also, general liability insurance does not cover professional services errors, illegal acts, and claims that exceed your policy limits.
The Risks Of Not Having Graphologist Insurance
Failing to obtain professional liability insurance could haunt you soon enough. If you don’t have insurance, you’ll need to pay out of pocket for representation. You may spend as much as $100 an hour for attorneys. If the claim transforms into a lawsuit, you may spend as much as $75,000 trying to defend yourself. Even if you get the lawsuit dropped, you’ll still spend thousands of dollars. Having insurance will prove to be worth it in the long run. You’ll also want to team up with ProfessionalsCoverage to find a good agent and get business interruption, business contents, and cyber insurance.
Business interruption insurance is pertinent because it can help you pay for relocation costs. Business contents insurance is designed to help businesses replace lost or stolen equipment and fixtures. Get this insurance so you won’t need to use your company’s revenue to replace these items. Finally, cyber insurance is more important than ever with cyber breaches becoming more common in Canada. Don’t let a cyber breach bankrupt your company. Get covered today!
Disability Insurance
You biggest asset in life is your earning ability. If you are unable to work, you will need to rely on either your savings or borrow money to sustain your lifestyle. When these unfortunate circumstances occur, dependents and spouses are also impacted financially and emotionally.
Disability insurance coverage will provide you a monthly income benefit, usually totaling 70% to 80% of your income, when you are unable to work for a period of time due to injury or illness.
Types of disability insurance
- Long-Term Disability Insurance (LTD)
- Short-Term Disability Insurance
- Key Person Disability Insurance
- Self Employed Disability Insurance
- Mortgage Disability Insurance
- Temporary Disability Insurance
- Supplemental Disability Insurance
Need coverage in effect? Compare the market!
FAQ before purchasing liability insurance
- How much professional liability insurance do I need?
- How do I get a liability insurance policy?
- What does professional liability insurance cover?
- What is the difference between claims made & occurrence form of coverage?
- When will I need to be insured?
- What other professions need this type of insurance?
Other useful posts you should also read
- Canadian insurance companies that provide professional liability insurance
- How does the claims process work if I get sued because of my professional services?
- What is the cost of professional liability insurance?
- How do I apply for a professional liability insurance policy?
- How do I qualify for coverage as a professional service provider?
- What is the purpose of getting insured as a professional?
- How long will it take to get an insurance quote for my business?