Professional Liability Insurance
Even if you’re an expert in your business, mistakes happen. And if your client or customer thinks a mistake in your professional services caused a financial loss, they can sue you. These can include damages caused by things you did and/or things that you should have done.
Professional liability insurance helps cover you and your company if you make a mistake in your professional services.
What Does Professional Liability Insurance Cover?
- Court judgments/awards
- Defence costs
- Fees and expenses
- Loss of documents
You should consider professional liability insurance if you are in these businesses:
- Lawyers
- Architects
- Engineers
- Accountants/auditors
- Engineers
- Trustees (Liability)
- Medical (general practitioners, nurses, dentists, physiotherapists)
Why do I need professional liability insurance?
Let's say you're a project manager. You accidentally forget to get to tell your client about needed sign offs causing project delays that increase the cost. Or maybe you're a massage therapist and your client sues you, claiming you caused tissue damage.
INSURANCE SERVICES
- Motor Vehicle
- Business Insurance
- Personal Insurance
- Professional Liability Insurance
- Employee Benefit
- Health Insurance
- Marine insurance
- Travelers Insurance
- Pension Schemes
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