What Is Professional Liability?
Professional Liability Insurance serves as a safeguard against financial losses stemming from legal actions filed by clients or customers.
Why Is It Essential?
Professionals, as the name suggests, are held to high standards of technical knowledge and expertise beyond those of non-professionals. They are also expected to deliver their services in accordance with established professional conduct standards. Any failure in meeting these expectations can lead to legal claims. This is why Professional Liability Insurance is advisable for all business professionals, including business consultants, lawyers, doctors, technicians, and individuals with specialized skill sets.
Do you have more questions? Please let us know by sending us a message or giving us a call.