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Based in Oklahoma City, OK, Freeland Insurance serves the community by helping residents find insurance coverage. We offer multiple types of policies for our clients. We strive to provide excellent customer service.
The Benefits Of Financial Services Insurance
If you are involved in the Oklahoma City, OK financial services sector, consider the benefits of financial services insurance. Financial services insurance provides a safety net to financial advisors, counselors, and stockbrokers.
Professional liability coverage is important. You’ll be protected if you are held liable for damages and allegations of fraud and negligence. Due to the importance of technology in the current financial sector, you can amend your policy to include cyber liability coverage. If you are an accountant or bookkeeper, you have access to sensitive information. If hackers were to compromise the data, that could potentially lead to huge losses. Liability coverage will protect you if hackers corrupt the data.
Financial services insurance is also an asset if you are involved in a management role, such as a director or chief officer. If you are in a management role, you are responsible for a lot of decisions on a regular basis. Liability coverage will protect you against potential allegations of slander. You will also be protected against allegations of improper handling of employee benefits. As a manager or chief officer, you help oversee everyone in the workplace. You can add employment practices coverage to protect you if you are engaged in a wrongful termination or sexual harassment lawsuit.
You can amend the policy as your business starts to grow or you are hired into a new role. Financial services insurance policies are flexible enough to change as your role changes and you face new threats. While you strive to adhere to all of the laws, financial services insurance will help protect your interests.
Consult With Freeland Insurance
Visit our website to learn more information about financial services insurance.