here are some concerns I have if anyone can give me some advice.
1)if I work as an employee. a lot of times EOR would require the shop to have the shop drawings stamped by a PE. I am the person who is going to do it in that case. I have been shopping for an E&O policy for a while and I thought the policy should cover everything that the insured does when the policy is active. say I stamp something this year and ten years later when I do not pay the policy anymore and the project I stamped happens to take some bad actions. since I did the project when i had the policy the policy should cover me. but the agent told me that the policy only works when the claim is filed when I paying it. I have to pay the policy forever then which is kind of unreasonable. that makes having a policy almost infeasible. if i know i would not be able to carry it forever there is no point to pay it now.
2) as an employee if I am lucky to never seal any drawings. can the employer or the clients still sue me since I am the one who engineers the products which the employer has record of? I think I can get an indemnification from the employer which i learnt from the thread above. but somehow i still dont feel safe especially considering the employer has a tendency to not follow my engineering instruction. and the clients if they know I am the one who engineers it could still come to sue me personally i guess. you will never get sued if you just simply do not seal the documents as someone says in the thread? I doubt that.
3)if i let the shop hire my firm i think my firm can get a policy but still i have to carry that policy forever to get covered for whatever i ever did or do. that is kind of insane.
4) even the employer to purchase the policy but they can cancel anytime and i am not in control. I would rather purchase it myself and try to let the shop pay for it.
any good advice in terms of how to safely practice in my situation would be highly appreciated.
thanks in advance.