Who Needs Professional Liability?
Professionals, such as doctors, lawyers and accountants, along with a growing number of other occupations, need special protection. Pharmacists, architects, engineers, opticians, beauticians, insurance agents, and various types of consultants are frequently sued due to the high standard of accountability under which they operate.
What Does Professional Liability Cover?
Professional liability insurance covers liability for damages arising from the rendering of or failure to render professional services. With claims increasing during this economic downturn, the need for professional liability insurance coverage is even more great. Protect yourself and your business from claims not covered by commercial general liability coverage.
You have invested a lot in your business and your profession. It is important to be sure that you take the steps to deal with the special as well as the routine sources of loss.