If your company gathers and disseminates information, then you face the same litany of media liability exposures as a publisher, broadcaster, advertising agency, video or film producer, or any other media organization. Chubb’s MediaGuard professional liability insurance policy offers E&O liability protection for both traditional and non-traditional media organizations.
Media Liability Insurance Coverage Highlights
- Occurrence form covers activities that occur during the policy period, regardless of when the claim is first made
- “All risk” coverage goes beyond specified “named perils” to include risks arising out of the core functions of advertising, broadcasting, publishing, and video and film production
- Built-in coverage for advertising content
- Negligent publication coverage for any claim alleging harm to a person or entity that acted or failed to act in reliance upon the information published
- Customer fully controls whether to settle or retract content and can choose between reimbursement of defense costs or duty to defend.
- No “insured versus insured” exclusion with respect to internal copyright disputes
- Punitive damages coverage, where insurable by law
- Minimum of 90 days coverage for acquisitions and creations (organizations, covered media) with potential for automatic coverage until the end of the policy period (depending upon actual or projected revenues)
- Internet Liability clause with automatic coverage for websites created following policy inception
