Exploring the World of Professional Liability Insurance
Professional liability insurance, also known as errors and omissions insurance, is a crucial form of protection for professionals across various industries. Whether you’re a lawyer, accountant, consultant, or any other professional providing services to clients, this type of insurance can safeguard you from financial losses resulting from claims of negligence or errors in your work. Understanding the Basics Professional liability insurance is designed to cover the costs associated with legal defense and settlements in the event that a client sues you for mistakes, omissions, or negligence in your professional services....