Professional Liability Insurance
This is also called Errors & Omissions Insurance policy for individuals who are Professional in their area of expertise.
Professional Liability Insurance addresses the unique lawsuits experts may face.
Professionals like Doctors, lawyers, IT consultants, architects, engineers, and others relies on thier expertise to meet standards set by the state, industry, or client contracts. Failure to meet these standards, could lead to a litigation in court.
Professional Liability Insurance can help pay for lawsuits when clients accuse the individuals business of:
- Errors and Omission.
- Undelivered services.
- Negligent services.
- Libel and Slander
It can protect your finances by covering the high cost of a lawsuit.
DISCLAIMER
The above is a brief information of the covers available under the Policy. Please request for a copy of the Insurer's Terms and conditions of the policy which shall be binding and considered as final basis for settlement of any dispute