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Here is why we participate in the ShredderGuard Professional
Liability Insurance Program...
There is only one type of insurance that
covers financial damages resulting from accidents or negligence on the part of information
destruction service providers. It is called Professional Liability Insurance. It
is also often referred to as Errors and Omissions Insurance or Malpractice Insurance.
ShredderGuard Coverage Plan
We have ShredderGuard Professional Liability Insurance because it is the only insurance
specifically crafted for information destruction service providers.
This unique policy covers claims resulting from the misuse or mishandling of your
records or documents, which may lead to violations of laws and regulations*, privacy
rights violations* and transfer of intellectual property*. Any of these could be
damaging to your business, but would NOT be insured without the proper professional
liability policy in place. In addition, and most importantly, the policy provides
indemnification for damages resulting from intentional acts of a shredding contractor's
employees* and coverage for negotiable instruments*.
*OTHER PROFESSIONAL LIABILITY PROGRAMS USUALLY EXCLUDE
THESE IMPORTANT COVERAGES.
The fact is these common exclusions represent the
most likely events that would result in financial damages to clients of document
destruction service providers.
Never Say Never
REST ASSURED, we do everything we can to make sure that you will never need to
draw upon our Professional Liability Insurance coverage. Our reputation, and the
future of our business, depends on that confidence. In fact, we could not qualify
for the type of coverage if we did not have the appropriate risk management measures
in place.
By its very nature, insurance is something you have, which you do everything you
can to make sure you never use. Still, you have it and you require it ... because
it is the responsible thing to do.
We simply will not provide you with a service as sensitive and important as protecting
your vital information without having ShredderGuard insurance to stand behind us and to
protect you.
Why do we have ShredderGuard Professional Liability Insurance?
Because it is ONE MORE thing we can do to protect our clients.
ShredderGuard Professional Liability Insurance Program is underwritten by CNA, one of the
most trusted names in business indemnification, and a specialist in industry specific
solutions.
NOTE: NAID recommends that all clients verify insurance coverage by obtaining
the appropriate current documentation from their information destruction service
provider.
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