For Federal Managers, 2023 Likely Won’t See Decrease in Workplace Exposure
While the New Year typically marks a clean slate and new opportunities, federal managers can also use the occasion to reflect on this particularly challenging past year. As FEDS Protection has previously reported, federal managers have been dealing with staffing challenges, budget issues, and changes to in-person expectations and offsite work policies. These issues, along with new obstacles, will surely follow federal managers into 2023.
Every federal employee has some level of liability exposure, but federal managers may be at a greater risk than they realize. Even if workplace allegations are ultimately proven untrue, the cost of defending against an adverse administrative action, disciplinary proceeding, or civil lawsuit can be devastating. However, Professional Liability Insurance (PLI) from FEDS Protection is available to help protect federal managers and supervisors when the unexpected happens.
The New Year is a great time to evaluate your financial and career stability. Going into 2023, a PLI policy from FEDS Protection is a valuable layer of protection and peace of mind for federal managers. If you are the subject of an investigation or allegation centered on actions taken within the scope of your employment, having PLI can make an enormous difference in how such a situation would affect your career and your financial security. Below, FEDS Protection has put together a short video explaining the benefits of PLI for federal employees:
FEDS Protection Video Overview
Federal managers and supervisors can protect themselves against investigations with a FEDS Protection PLI Policy. FEDS Protection offers policies with $1 million, $2 million, or $3 million in civil liability protection for attorney’s fees and indemnity costs in the event you are sued in your civil capacity. The FEDS policy also includes $200,000 of legal representation coverage per incident for administrative actions and $100,000 of coverage for criminal defense costs. Annual premiums for FEDS Protection PLI start at $290, which is less than it would typically cost to hire a federal employment lawyer for an hour. Additionally, federal managers and law enforcement officers are eligible for a reimbursement of up to 50% the cost of their PLI policy through their agency.
To learn more about how a FEDS PLI policy can protect you and your career, visit www.fedsprotection.com or call (866) 955-FEDS, M-F 8:30am-6pm to speak directly to a representative.
*This article is provided for informational purposes only and does not constitute legal advice.