Professional liability insurance protects businesses that:
- Provide a professional service or consulting
- Regularly give advice to clients
- Need professional liability insurance to complete a contract
Professional liability insurance, or errors and omissions insurance (E&O insurance) is business liability insurance for:
- Doctors (e.g. medical malpractice)
- Other professionals
All professionals can face allegations of negligence or malpractice in servicing third parties. Whether it is actual or alleged, you must defend against it. Defence costs can be substantial, even if you win the case.
Professional insurance is a must-have to protect professionals, their businesses and reputations. Our society is quick to assign blame and initiate lawsuits, even for perceived negligent acts, errors and omissions or malpractice.
We offer this business liability insurance as a stand-alone policy, or with a Commercial General Liability insurance policy
To find out more about insurance for professional liability, errors and omissions and malpractice, contact us today.