Professional Liability Insurance For Individuals

Professional liability insurance commonly covers negligence copyright infringement personal injury and more.

Professional liability insurance for individuals. It only covers claims made. From medical malpractice coverage for nurses to errors and omissions coverage for business professionals our professional liability coverage brings with it significant benefits to offer peace of mind. Professional liability insurance coverage through hpso offers you peace of mind whether you re on the job off the job or between jobs. Professional liability insurance is a specialty coverage that is not provided under homeowners endorsements in home business policies or business owners policies.

Professional liability insurance also called professional indemnity insurance but more commonly known as errors omissions in the us is a form of liability insurance which helps protect professional advice and service providing individuals and companies from bearing the full cost of defending against a negligence claim made by a client and damages awarded in such a civil lawsuit. What is professional indemnity insurance. Social workers need protection from frivolous lawsuits and from legal action due to negligent acts errors and omissions that can arise from their practices. These lawsuits may even arise years later after the alleged event took place.

Professional liability insurance protects social workers if they are sued for malpractice. Professional liability insurance pli is also known as professional indemnity insurance pii or as errors omissions e o. This is a liability insurance cover that protects individuals from professional risks and related legal expenses. If a medical malpractice claim is made against you as a result of an accident happening and you are not protected you are at risk of personal damages and financial losses.

Malpractice insurance also known as professional liability insurance protects individuals personal assets against negligence claims made against them. The coverage focuses on alleged failure to perform on the part of financial loss caused by and. This can include damages caused by things you did and or things that you should have done. This is why professional indemnity insurance is imperative to those offering professional services to the community.

Our program provides healthcare malpractice coverage to more than 90 healthcare professions as physicians are not the only healthcare professionals who are sued for malpractice. Professional liability insurance is coverage for businesses that protect against claims from their clients.