Specializing In Securing Professional Liability Insurance:Protecting Your Reputation, Assets
Professional Liability insurance protects your businesses in the event you are sued for negligence in the performance of your services resulting in economic loss to a third party. Even if you haven’t made a mistake and it’s a case of “he-said, she-said”, the costs alone in defending a meritless lawsuit can be significant. Additionally, in many cases, Professional Liability coverage is required by law (physicians, for example), or may be stipulated as a provision in a contractual agreement for performing a project. This coverage is also known as Errors & Omissions (E&O) coverage, Medical Malpractice, and Lawyers Professional Liability.