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Member Benefit Highlight: Professional Liability Insurance
7/24/2010 5:20:48 PM
Marsh - Your Passport to Safeguarding Your Future! No matter how well you do your job, you can still be sued. As an appraiser, you risk being sued every time you provide appraisal services. And regardless of how well you've done your job, you'll spend valuable time and hard-earned money to defend yourself in a lawsuit. As an appraiser, your biggest challenge today may be finding liability insurance for which your practice area qualifies. In fact, many insurance companies do not offer coverage for any appraisal services. Marsh, working together with ASA, has developed the ASA Professional Liability Program to counter risks you face and protect you for negligent acts, errors and omissions. Click here or call (800) 367-7950 for more information. Note: The ASA Professional Liability Program is not designed to insure high exposure practice areas such as Business Valuation. Murray Insurance for Business Valuation Member Appraisers Most professional liability insurers consider business valuation a “high-risk” to insure—firms have found the availability of professional liability insurance is limited and premiums for this coverage are often sporadic. To address the need of our BV member base, the American Society of Appraisers has partnered with Murray Risk Management and established its own, separate Professional Liability Insurance Program, available only to ASA business valuation discipline members. Go to www.murrayins.com or call Jeff Gelburd at (800) 533-5271, ext 381 for complete information.
Source: FastRead 0723010
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