Professional Liabilty Insurance

Professional liability insurance is a specialty coverage that is not provided under homeowners endorsements in home business policies or business owners policies.

Professional liabilty insurance. Get a professional liability insurance quote today and find out how you can protect your business. Professional liability insurance is coverage for businesses that protect against claims from their clients. Keep in mind that many business insurance policies exclude communicable disease coverage. It only covers claims made.

Professional indemnity insurance is a type of business insurance that covers you for costs you might face if your work service or advice causes a client to suffer a loss either financial or reputational. Professional liability insurance pli also called professional indemnity insurance pii but more commonly known as errors omissions e o 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. This can include damages caused by things you did and or things that you should have done. Part of our suite of financial lines solutions our professional liability insurance also known as professional indemnity or pi insurance or errors and omissions insurance provides robust and flexible protection for a variety of professionals including architects engineers business consultants estate agents lawyers and translators as well as those working in communications new media and digital.

Proliability administered by mercer consumer offers professional liability insurance tailored to the professions it protects. That means it might provide coverage when a client sues over a project you were unable to finish or a deadline that you missed due to the coronavirus. Professional liability a type of liability coverage designed to protect traditional professionals e g accountants attorneys and quasi professionals e g real estate brokers consultants against liability incurred as a result of errors and omissions in performing their professional services. Professional liability insurance offers a variety of coverage for small businesses including.

Professional liability insurance also known as errors and omissions or e o insurance helps protect you and your business if you make a mistake in the professional services you provide. Professional liability insurance protects your business when a client sues over your work performance. Professional liability insurance commonly covers negligence copyright infringement personal injury and more. What does professional indemnity insurance cover.