E&O for Those in Broadcasting
In the business world, there are many types of risks and exposures that threaten both the reputation and financial stability of a company. Errors and omissions are liabilities associated with professional services, and media liability insurance is specialized errors and omissions coverage for those work with television, broadcasting, or in advertising companies. According to the team at https://www.highlandrisk.com, media professionals use this coverage if they are sued for plagiarism, an invasion of privacy or defamation.
Many companies make the mistake of only carrying a commercial general liability policy, which can provide some coverage for claims dealing with intentional torts falling under the category of personal and advertising injury liability. However, this coverage area excludes the situation of slander or libel committed when engaging in publishing, advertising, or broadcasting. For companies that deal solely with media-related activities, these exclusions limit just how much of their operations are protected. This is why a media insurance policy is so important.
The following are torts generally coverage by a media policy:
- Trade libel
- Misappropriation of name or likeness
- Public disclosure of private facts
- Infringement or dilution of slogan, trademark, or service name
- Intentional infliction of emotional distress
- Outrageous conduct
- Copyright infringement
- False arrest
- Malicious prosecution
- Wrongful entry
Your insurance broker will understand your areas of potential risk and can advise you on what complete coverage would entail.