professional liability insurance

Professional liability insurance, also known as errors and omissions (E&O) insurance, is a type of insurance that helps protect professionals from claims made against them for negligence, errors, or omissions in the course of their professional services.

Professionals who can benefit from professional liability insurance include doctors, lawyers, accountants, architects, engineers, consultants, and other professionals who provide advice, services, or expertise to clients.

Professional liability insurance typically covers legal defense costs, settlements, and judgments that may arise from claims made against the insured professional for mistakes or negligence in the course of their work.

Having professional liability insurance can provide peace of mind to professionals by helping to mitigate the financial risks associated with lawsuits or legal claims. It can also help to protect their reputation and ensure they can continue to practice their profession even in the face of a claim or lawsuit.

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