Professionals that provide custom software, programming, and application development services for others play an important role for independent businesses, large corporations, and individuals that need these types of services. These professionals create programs and applications that help businesses operate and provide better service to their customers. Regardless if you are a bank, technology company, or in another industry, you will most likely need custom software, programming, and application development services. You have access to confidential information, internal project requirements, and large databases. As a result, mistakes and other accidents can lead to very costly consequences.
With the right insurance from ALIGNED, professionals that provide custom software, programming, and application development services for others have the protection required against liability and litigation.
Why is Insurance for Professionals that Provide Custom Software, Programming, and Application Development Services Important?
Despite how skilled and experienced you are, unexpected mistakes and accidents can happen. And when companies often rely on your services to provide important pieces of their operations, these accidents can be costly without insurance.
- You store client information, project requirements, and client databases on your computer and it suffers a cyberattack that results in data breaches and loss of important information.
- A client is unsatisfied with the services you provided and claims that you developed a poorly built custom application.
- Your custom software, program, or application causes damages to other structures of the client’s technology.
Having the proper insurance will protect you and your business against the repercussions of these risks.
What Does Insurance for Professionals that Provide Custom Software, Programming, and Application Development Services Include?
Cyber liability insurance – when storing sensitive client information, company intel, and project requirements in your online databases, your computer can suffer from a cyberattack such as a data breach. Cyber liability insurance can protect your business against the loss that your client suffers if their information is leaked and other related costs.
Commercial general liability insurance – essential for professionals that provide custom software, programming, and application development services, commercial general liability insurance can protect your business against third-party claims of libel, slander, false advertising, etc.
Professional liability insurance – you provide specialized services that are specific to the requirements of your clients and involve professional consultation. If you deliver something that’s poorly built, clients can suffer financial loss. Having enough professional liability insurance can protect you against claims of error, negligence, omissions, or another failure to deliver promised services.
Get the Right Custom Software, Programming or Application Development Services Insurance with ALIGNED
ALIGNED works with Canada’s top insurance companies to provide custom insurance packages at affordable prices. Click Here To Get A Quote or contact one of our business insurance experts for information or with any questions you may have.
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