What is Mediator Insurance?

A mediator is a neutral third party who helps two or more parties in a dispute to come to an agreement. Mediator insurance is insurance that covers the mediator in the event that they are sued for malpractice. This type of insurance is important because it protects the mediator from any legal action that may be taken against them for their actions during the mediation process.

What are the benefits of Mediator Insurance?

There are several benefits of having mediator insurance. First, it protects the mediator from any legal action that may be taken against them for their actions during the mediation process. Second, it helps to ensure that the mediator will be able to continue to mediate in the event that they are sued for malpractice. Finally, it can help to protect the mediator's personal assets in the event that they are sued for malpractice.

What is the cost of Mediator Insurance?

The cost of mediator insurance will vary depending on the coverage that is purchased. Typically, the cost will be between $500 and $1,000 per year.

Why is Mediator Insurance needed?

Mediator insurance is needed because it protects the mediator from any legal action that may be taken against them for their actions during the mediation process. It also helps to ensure that the mediator will be able to continue to mediate in the event that they are sued for malpractice. Finally, it can help to protect the mediator's personal assets in the event that they are sued for malpractice.