Who Needs Professional Liability Insurance ?
You Do!
Lawsuits against Federal employees are increasing at an alarming rate. Most of us are unwilling to accept that we could somehow make a mistake or that our employer could turn against us, but in reality all it takes is one complaint against management, one angry supervisor, one failed assignment, or one jealous coworker, and both your job and your retirement benefits could be on the line.
Fortunately, you can protect yourself. For less than one dollar per day, you can give yourself a benefit that saves yourreputation and your federal retirement:
CareerGuard—Your Preferred Professional Liability Insurance. Professional liability insurance is designed specifically to protect federal employees anywhere in the world if they are named in a job-related lawsuit or threatened with wrongful termination. It will pay up to $100,000 or $200,000 for legal defense costs for administrative hearings and proceedings, as well as up to $1 million in covered damages awarded against you in a lawsuit.
Why is this Insurance Protection Unique?
This program was developed with union representatives from the Veterans Administration, Bureau of Prisons and Homeland Security.
The policy is underwritten by an A.M. Best "A" Rated insurance company, which means there will always be money in the bank to pay your covered claims.
This insurance draws on the expertise of a large, experiencedlaw firm to give you the legal representation you deserve.
Exclusions
You are not covered for:
Any event that is covered under workers’ compensation, unemployment compensation, disability benefits law, or other similar law.
Damages that arise from your willful commitment of, or knowledge about, a violation of a penal statute or ordinance.
Damages that arise out of intentional acts of fraud that you committed or directed someone else to commit.
Liability you assume under any contract or agreement.
This is only a brief summary of the policy provisions, for general information purposes. For complete terms and conditions, please refer to the policy.
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