Federal Contractors & Former Federal Employees
When do benefits begin?
Benefits are effective the day after your application is received (subject to applicable subsequent premium payment).
Is this coverage really worth the cost?
For most consultants/contractors, maintaining professional liability coverage is a compulsory part of their agreement.
Starr Wright USA’s Professional Liability Insurance (PLI) for consultants/contractors can cost from $700 to $1,335 per year (rates include a $50 Administrative Fee) depending upon the revenues earned by you as a consultant/contractor and the liability limits selected. The annual premium can break down to less than $2.00 a day. Formal allegations of negligence or failure to perform your professional duties will easily cost more than the annual premium of this insurance. Professional Liability Insurance through Starr Wright USA can potentially save you thousands of dollars.