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Interpreter Insurance Policy Information

Interpreter Insurance. If you are an interpreter, then chances are you're the person professionals call on when they need to translate verbal or written communications from one language to another. As a translator you're hired by individuals, corporations, lawyers, government entities and even medical professional to translate speeches, interviews and other forms of communication into another language.

Although this job may seem simple, there are many risks involved. For instance, if there's an error in something you translated or you cause damage to a business with your errors you make you can be held liable. For this reason, you must have protection. In this post, we'll take a look at some of the risks and the types of interpreter insurancepolicies you can get to protect your business.

Interpreter insurance protects your translation business from lawsuits with rates as low as $27/mo. Get a fast quote and your certificate of insurance now.

Below are some answers to commonly asked interpreter insurance questions:

• What Is Interpreter Insurance?
• How Much Does Interpreter Insurance Cost?
• Why Do Translators Need Insurance?
• What Type Of Insurance Do Translators Need?
• What Does Interpreter Insurance Cover & Pay For?

What Type Of Insurance Do Translators Need?

Although it might be hard for you to cause bodily harm to a third party, you still should have interpreter insurance to keep your business and personal assets covered.

It's possible for a person on your property to sue you if they get hurt while being there. Following are some basic types of translator insurance:

Commercial General Liability Coverage - A client can always sue you if they are injured while on the premises of your business. With this coverage, you get a broad range of protection against lawsuits made against you by a third party for bodily harm or property damage.

Commercial general liability insurance covers any cost associated with any harm done by your business. If you have to pay medical bills or replace damaged property this insurance will help you. In the event, you're sued then having this interpreter insurance helps with the costs associated.

Having commercial property insurance protects the building and the contents in those buildings that you use for your business. Your computers, office furniture, and other office supplies will be covered when you have this insurance. Any property damaged by fire, severe weather, theft or vandalism is repaired and quickly replaced with this type of insurance coverage.

Business interruption coverage is also a part of this protection. If there is ever a time in your business where you are unable to operate for a period because of relocation or some other issue you are covered when you have this insurance.

Professional Liability Insurance For Translators - The biggest risk you face as an interpreter is an error caused by an oversight on your part that results in damages to your clients' business.

Let's say you're required to translate an important document like medical lab results, and an error in translation leads to the patient getting the wrong treatment or even death you can be sued. A situation like this could result in you losing lots of money in your business if aren't adequately protected.

When you are translating it your job to get the accurate translation to the person or company that needs it. If you make a mistake, then you can be held liable for the damages caused. With interpreter professional liability insurance (also now as errors and omissions), you'll have protection if a client sues you for negligence.

This coverage helps with legal defense fees, settlements, and judgments. Speaking with an experienced insurance agent will provide you with the information you need to find the right interpreter insurance policies for your business.

Commercial Auto Insurance - Vehicles you use for your business needs to be covered. While driving on the road, there is always the risk of getting in an accident. When you are an employee of your business causes damage to a third party while using a business vehicle you can be held liable.

Luckily with this type of insurance in your business, you will be protected.

Workers Compensation Insurance - Workers comp is required in most states for any non-owner employees. While on the job there's always the chance of an employee being injured. If they need medical attention because of the injury, they will be covered when you have this insurance.

What Does Interpreter Insurance Cover & Pay For?

Interpreters can be sued for various reasons, often stemming from professional negligence or misconduct. Here are a few examples of situations that can lead to lawsuits and how professional liability insurance can help protect interpreters:

Misinterpretation or mistranslation: If an interpreter makes an error in translation that leads to significant financial, legal, or personal consequences for their client, the client may sue the interpreter. Insurance can help cover the legal fees, court costs, and any settlements or judgments resulting from the lawsuit.

Breach of confidentiality: Interpreters are often entrusted with sensitive information, and a breach of confidentiality can result in a lawsuit. Professional liability insurance can cover legal expenses, court costs, and damages incurred due to the breach.

Omission or failure to interpret: If an interpreter fails to provide essential information or omits significant details during interpretation, it could lead to negative outcomes for the client. A client may sue the interpreter in such cases, and insurance can help cover the legal costs, court fees, and any settlements or judgments arising from the lawsuit.

Misrepresentation of qualifications: If an interpreter misrepresents their qualifications, expertise, or experience, and the client suffers damages as a result, the client may sue the interpreter. Professional liability insurance can help cover the legal expenses, court costs, and any settlements or judgments resulting from the lawsuit.

Discrimination or harassment: If an interpreter is accused of discriminating against or harassing a client or another party involved in the interpreted interaction, they may be sued. Insurance can help cover legal fees, court costs, and any settlements or judgments resulting from the lawsuit.

Professional liability insurance, also known as errors and omissions (E&O) insurance, can help protect interpreters in these scenarios. This type of insurance covers legal expenses, court costs, and settlements or judgments resulting from lawsuits related to professional errors, omissions, or negligence. By having insurance, interpreters can safeguard their personal assets and maintain their professional reputation in the face of potential lawsuits.

Commercial Insurance And Business Industry Classification

• SIC CODE: 7389 Business Services, Not Elsewhere Classified
• NAICS CODE: 541930 Translation and Interpretation Services
• Suggested Workers Compensation Code(s): 8810 Clerical Office Employees NOC

7389: Business Services, Not Elsewhere Classified

Division I: Services | Major Group 73: Business Services | Industry Group 738: Miscellaneous Business Services

7389 Business Services, Not Elsewhere Classified: Establishments primarily engaged in furnishing business services, not elsewhere classified, such as bondspersons, drafting services, lecture bureaus, notaries public, sign painting, speakers' bureaus, water softening services, and auctioneering services, on a commission or fee basis.

• Agents and brokers for authors and nonperforming artist
• Apparel pressing service for the trade
• Appraisers, except real estate appraisers
• Arbitration and conciliation services
• Artists' agents and brokers, except performing artists
• Auctioneering service on a commission or fee basis
• Authors' agents and brokers
• Automobile recovery service
• Automobile repossession service
• Automobile shows, flower shows, and home shows: promoters of
• Bartering services for businesses
• Batik work (handprinting on textiles)
• Bondspersons
• Bottle exchanges
• Bronzing baby shoes
• Business brokers (buying and selling business enterprises)
• Charge account service (shopping plates) collection by individual
• Check validation service
• Cloth: cutting to length, bolting, or winding for textile distributors
• Contractors' disbursement control
• Convention bureaus
• Convention decorators
• Copyright protection service
• Correct time service
• Cosmetic kits, assembling and packaging
• Cotton inspection service, not connected with transportation
• Cotton sampler service
• Coupon redemption service, except trading stamps
• Credit card service (collection by individual firms)
• Decoration service for special events
• Demonstration service, separate from sale
• Directories, telephone: distribution on a contract or fee basis
• Divers, commercial
• Drafting service, except temporary help
• Drawback service, customs
• Drive-a-way automobile service
• Embroidering of advertising on shirts, etc.
• Engrossing, e.g., diplomas and resolutions
• Exhibits, building of: by industrial contractors
• Field warehousing, not public warehousing
• Filling pressure containers (aerosol) with hair spray, insecticides, etc.
• Fire extinguishers, service of
• Firefighting service, other than forestry or public
• Flagging service (traffic control)
• Floats, decoration of
• Florists' telegraph service
• Folding and refolding service: textile and apparel
• Fundraising on a contract or fee basis
• Gas systems, contract conversion from manufactured to natural gas
• Handtool designers
• Handwriting analysis
• Hosiery pairing on a contract or fee basis
• Hotel reservation service
• Identification engraving service
• Inspection of commodities, not connected with transportation
• Interior decorating consulting service, except painters and paper
• Interior designing service, except painters and paper hangers
• Inventory computing service
• Labeling bottles, cans, cartons, etc. for the trade: not printing
• Laminating of photographs (coating photographs with plastics)
• Lecture bureaus
• Lettering service
• Liquidators of merchandise on a contract or fee basis
• Mannequin decorating service
• Map drafting service
• Mapmaking, including aerial
• Message service, telephone answering except beeper service
• Metal slitting and shearing on a contract or fee basis
• Meter readers, remote
• Microfilm recording and developing service
• Mounting merchandise on cards on a contract or fee basis
• Music distribution systems, except coin-operated
• Notaries public
• Packaging and labeling service (not packing and crating)
• Paralegal service
• Parcel packing service (packaging)
• Patent brokers
• Patrol of electric transmission or gas lines
• Photogrammetric mapping service (not professional engineers)
• Photographic library service, still
• Photography brokers
• Pipeline and power line inspection services
• Playwrights' brokers
• Post office contract stations
• Presorting mail service
• Press clipping service
• Printed circuitry graphic layout
• Process serving service
• Produce weighing service, not connected with transportation
• Product sterilization service
• Promoters of home shows and flower shows
• Racetrack cleaning, except buildings
• Radio broadcasting music checkers
• Radio transcription service
• Recording studios on a contract or fee basis
• Redemption of trading stamps
• Repossession service
• Restaurant reservation service
• Rug binding for the trade
• Safety inspection service, except automotive
• Salvaging of damaged merchandise, not engaged in sales
• Sampling of commodities, not connected with transportation
• Scrap steel cutting on a contract or fee basis
• Shoe designers
• Showcard painting
• Shrinking textiles for tailors and dressmakers
• Sign painting and lettering shops
• Solvents recovery service on a contract or fee basis
• Speakers' bureaus
• Sponging textiles for tailors and dressmakers
• Styling of fashions, apparel, furniture, and textiles
• Styling wigs for the trade
• Swimming pool cleaning and maintenance
• Switchboard operation of private branch exchanges
• Tape slitting for the trade (cutting plastics, leather, etc. into widths)
• Tax collection agencies: collecting for a city, county, or State
• Tax title dealers: agencies for city, county, or State
• Telemarketing (telephone marketing) service on a contract or fee basis
• Telephone answering, except beeper service
• Telephone solicitation service on a contract or fee basis
• Textile designers
• Textile folding and packing services
• Time-share condominium exchanges
• Tobacco sheeting service on a contract or fee basis
• Tourist information bureaus
• Trade show arrangement
• Trading stamp promotion and sale to stores
• Trading stamp redemption
• Translation service
• Water softener service
• Weighing foods and other commodities not connected with
• Welcoming service
• Window trimming service
• Yacht brokers

Interpreter Insurance - The Bottom Line

As an interpreter, you may think there aren't that many risks to your business, but you're wrong. To ensure the success of your business you need to have protection. The last thing you want happening is a lawsuit against your business that results in a huge financial loss for your business. Find the right insurance and keep your translation business protected today.

Additional Resources For Professional Services Insurance

Get informed about small business professional services insurance, including Professional liability, aka errors and omissions (E&O insurance), that protects your business against claims that a professional service you provided caused your client financial loss.

• Accounting
• Actuaries
• Answering Service
• Architects
• Armored Car
• Attorney Lawyer
• Auctioneer
• Auditor
• Background Music Services
• Bookkeeping
• Business Consulting
• Chemical Engineers
• Civil Engineers
• Claims Adjuster
• Commercial Laundries
• Commodity Broker
• Corporate Wellness
• Couriers
• Court Reporter
• Credit Bureaus
• Debt Collection Agency
• Draftsman
• Detective Agency
• Diaper Services
• Electrical Engineering
• Engineering
• Environmental Consultant
• Executive, Career & Life Coaching
• Executive Search Firm
• Expert Witness
• Financial Planner
• Financial Services
• Funeral Directors
• HR Consultant
• Inspection Bureaus
• Insurance Agents & Brokers Insurance
• Interpreter
• Mediator - Arbitrator
• Medical Billing
• Music, Drama & Dance Therapy
• Notary
• Office Machine Repair & Maintenance
• Piano Tuners
• Project Management
• Safety Consultants
• Speakers Bureaus
• Stockbrokers
• Surveyor
• Tax Preparer
• Temporary Staffing
• Title Abstractors
• Valet Parking
• Specialty Consultants
• Specialty Service Business

The professional services industry, which includes occupations such as lawyers, doctors, accountants, and architects, often deals with sensitive and complex issues that carry a high risk of liability. These professionals are expected to provide their clients with expert advice and guidance, and any mistakes or oversights can result in significant financial consequences for both the client and the professional. This is where insurance comes into play.

Business insurance provides protection against the financial repercussions of potential mistakes or accidents that may occur while providing professional services. For example, a lawyer may make an error in their legal representation that leads to a financial loss for their client. Without insurance, the lawyer would be personally responsible for covering the cost of this loss. Insurance helps to protect professionals from these types of financial burdens and allows them to focus on providing high-quality services to their clients.

In addition to protecting against financial losses, commercial insurance can also provide legal defense for professionals facing legal action as a result of their work. This can be especially important for professionals in high-stress or high-risk fields, such as doctors or architects, who may be at a higher risk of being sued for professional negligence.

Overall, the professional services industry needs insurance to protect against financial losses and legal action, ensuring that professionals can continue to provide high-quality services to their clients without the added stress and burden of potential financial consequences.

Minimum recommended small business insurance coverage: Business Personal Property, Employee Dishonesty, Accounts Receivable, Computers, Valuable Papers and Records, General Liability, Employee Benefits Liability, Professional Liability, Umbrella Liability, Hired and Non-owned Auto Liability & Workers Compensation.

Other commercial insurance policies to consider: Building, Business Income with Extra Expense, Earthquake, Equipment Breakdown, Flood, Computer Fraud, Forgery, Money and Securities, Special Floater, Cyber Liability, Employment-related Practices Liability, Business Auto Liability and Physical Damage and Stop Gap Liability.