Professional Liability Insurance Coverage for Small Businesses

Protecting a small business from professional mistakes, omissions, and client allegations requires coverage aligned with how you actually work. F.I.C. helps business owners explore professional liability insurance options alongside broader financial and risk considerations. With over 35 years of experience and insurance expertise, our team provides personalized guidance designed to bring greater clarity to complex coverage decisions.

Advisor discussing professional liability insurance options with a small business owner

Our Professional Liability Insurance Services

Personalized insurance guidance helps small businesses evaluate professional risks, coverage needs, policy details, and payment considerations.

Coverage Needs Review

We help identify the professional services, client expectations, and business risks that should inform your liability coverage discussion, creating a clearer foundation for evaluating insurance options.

Policy Options Guidance

F.I.C. provides personalized guidance as you compare professional liability insurance options, helping you understand policy language, exclusions, limits, and how coverage may fit your business.

Insurance Payment Support

Insurance financing is available for clients who need flexible payment options, helping eligible business owners consider coverage while managing broader financial priorities.

Personalized Risk Guidance

Build More Confident Coverage Decisions

Professional liability insurance can help address allegations tied to professional services, errors, omissions, or unmet expectations. F.I.C. takes a personalized approach, connecting insurance guidance with accounting, business advisory, and risk-management perspectives. Our team helps small business owners examine coverage considerations clearly, understand policy details, and make decisions that support both immediate protection needs and long-term financial planning.

Small business owner reviewing professional liability policy with financial advisor
The F.I.C. Difference

Why Choose F.I.C.?

F.I.C. combines insurance insight with broad financial consulting experience.

Deep Experience

Over 35 years of experience across accounting, tax, insurance, retirement planning, and financial consulting.

Integrated Guidance

A multidisciplinary team connects insurance considerations with accounting, tax, business, and retirement planning.

Personalized Solutions

Customized guidance reflects each business’s services, risks, priorities, and broader financial circumstances.

Risk Perspective

Risk-management expertise helps business owners think proactively about potential setbacks and long-term safeguards.

Meet The F.I.C. Team

Experienced professionals provide thoughtful support for complex financial and insurance decisions.

Portrait of Al Beheary, CEO of Financial Innovations Consulting

Al Beheary

CEO

Al Beheary serves as CEO of Financial Innovations Consulting (F.I.C.), bringing entrepreneurial vision and deep expertise in international and inter-state government accounting to the firm. With a strong background in investment strategy, Al works closely with individuals and companies to organize their finances, align their investment portfolios, and achieve their long-term financial and retirement goals. His leadership has guided F.I.C. through over 35 years of growth, expanding the firm from its Chicago roots to a multi-office organization with an international presence in Ireland and Egypt. Al's commitment to empowering clients with knowledge and personalized financial solutions remains at the core of everything F.I.C. does.

Portrait of Siobhan Kieran, COO of Financial Innovations Consulting

Siobhan Kieran

COO

Siobhan Kieran serves as Chief Operating Officer of Financial Innovations Consulting (F.I.C.), bringing extensive experience working with both individuals and large multinational corporations. As a seasoned risk manager, Siobhan specializes in identifying potential financial setbacks and equipping clients with the foresight and long-term safeguards needed for personal and professional success. Her expertise spans strategic planning, operational oversight, and risk mitigation, making her an invaluable resource for clients navigating complex financial landscapes. Siobhan's client-centric approach and commitment to delivering proactive, comprehensive financial strategies reflect F.I.C.'s core values of transparency, integrity, and excellence.

Portrait of Mary Kay, Administration and New Business Specialist at Financial Innovations Consulting

Mary Kay

Administration/New Business Specialist

Mary Kay serves as Administration and New Business Specialist at Financial Innovations Consulting (F.I.C.), playing a key role in welcoming new clients and ensuring seamless onboarding experiences. With a detail-oriented and client-focused approach, Mary Kay helps individuals, families, and business owners navigate the first steps of their financial journey with F.I.C. Her organizational expertise and dedication to exceptional service contribute to the firm's reputation for personalized, responsive client care. As part of F.I.C.'s experienced administrative team, Mary Kay helps uphold the firm's commitment to clarity, transparency, and making every client feel supported from day one.

Portrait of Thomas Sandhof, Administration and Retention Specialist at Financial Innovations Consulting

Thomas Sandhof

Administration/Retention Specialist

Thomas Sandhof serves as Administration and Retention Specialist at Financial Innovations Consulting (F.I.C.), focusing on nurturing long-term client relationships and ensuring ongoing satisfaction with the firm's services. Thomas plays a vital role in maintaining the trust and loyalty of F.I.C.'s diverse client base, which spans individual taxpayers, small business owners, and large corporations. His dedication to client retention reflects F.I.C.'s core belief that lasting financial partnerships are built on consistent communication, reliability, and personalized attention. Thomas works to ensure that every client continues to receive the high-quality financial guidance and support they expect from F.I.C.

Portrait of Aine Breen, Administrative Assistant at Financial Innovations Consulting

Aine Breen

Administrative Assistant

Aine Breen serves as Administrative Assistant at Financial Innovations Consulting (F.I.C.), providing essential support that keeps the firm's daily operations running smoothly and efficiently. Her organizational skills and commitment to excellent service ensure that clients, colleagues, and partners receive timely, professional assistance across all of F.I.C.'s service areas. Aine's contributions help maintain the high standards of accuracy and responsiveness that F.I.C. is known for across its Chicago headquarters and beyond. Her dedication to supporting both the team and the clients she interacts with reflects the firm's client-centric values and commitment to operational excellence.

Portrait of Matt McDowell, Marketing Specialist at Financial Innovations Consulting

Matt McDowell

Marketing

Matt McDowell serves as Marketing Specialist at Financial Innovations Consulting (F.I.C.), responsible for communicating the firm's comprehensive range of financial services to clients across Chicago, the United States, and internationally. Matt plays a key role in building F.I.C.'s brand presence and helping individuals, families, and business owners understand how the firm's expertise can address their unique financial needs. His work supports F.I.C.'s mission to be a trusted, accessible financial partner for a diverse clientele. Through targeted marketing strategies, Matt helps connect those facing complex financial challenges with the expert guidance F.I.C. has provided for over 35 years.

Portrait of Sara Peterson, Insurance Assistant at Financial Innovations Consulting

Sara Peterson

Insurance Assistant

Sara Peterson serves as Insurance Assistant at Financial Innovations Consulting (F.I.C.), supporting the firm's comprehensive insurance services for individuals, families, and businesses. Sara assists clients in navigating insurance options, policy details, and coverage solutions, ensuring they have the protection and clarity they need to make confident decisions. Her role is integral to F.I.C.'s one-stop financial services model, which combines accounting, tax, retirement planning, and insurance under one roof. Sara's attentive, client-focused approach helps ensure that every insurance client receives accurate information and responsive support, reflecting F.I.C.'s commitment to excellence and transparency.

Portrait of Cara Kennedy, Irish Logistics Specialist at Financial Innovations Consulting

Cara Kennedy

Irish Logistics

Cara Kennedy serves as Irish Logistics Specialist at Financial Innovations Consulting (F.I.C.), managing the firm's operational coordination from its international office in Drogheda, County Louth, Ireland. Cara plays a critical role in supporting F.I.C.'s international service delivery, helping bridge the firm's Chicago-based operations with its European clientele and partners. Her expertise in cross-border logistics ensures that clients in Ireland and beyond receive the same high standard of financial service that F.I.C. is known for across the United States. Cara's work reflects F.I.C.'s commitment to providing seamless, globally connected financial solutions for an increasingly international client base.

Frequently Asked Questions

What is the difference between general liability insurance and product liability insurance?

General liability insurance commonly addresses claims involving third-party bodily injury, property damage, or certain personal and advertising injuries connected with business operations. Product liability insurance focuses on claims alleging that a product caused injury or damage. Professional liability insurance addresses a different exposure: allegations that professional advice, services, errors, or omissions caused a client’s financial loss. The appropriate coverage depends on the business and its activities.

What is the best liability insurance for a small business?

What does professional liability insurance generally cover?

Why might a small business need professional liability coverage?

How is professional liability insurance different from errors and omissions coverage?

What should a small business review before choosing coverage?

Can professional liability insurance be financed?

Can F.I.C. help review an existing liability policy?

Still Have Liability Coverage Questions?

Talk with F.I.C. about your business risks and insurance considerations.

Discuss Your Business Coverage Needs

Share your questions with F.I.C. and learn what to consider when evaluating professional liability insurance for your small business.

Contact Us Today

For immediate assistance, feel free to give us a direct call at (773) 202-9393. You can also send us a quick email at TAX@FICMN.COM.