With a population of over 1,000,000 people, Calgary revels in one of Canada’s most thriving economies. This is mostly due to the discovery of oil in the 1940s. Since then, Calgary has found itself in the center of the oil boom. The population increase that the city experienced over the course of the last few decades has led numerous businesses to flourish alongside the booming economy. Geographically, Calgary is located approximately 80 kilometers away east of the beautiful Canadian Rockies. It is the largest city in Alberta by population and the third-largest municipality in the country.
The Canadian leader in the oil and gas industry has opened the way for thousands of jobs. Further to that, according to the Conference Board of Canada Calgary is believed to lead the country in GDP growth by 2016. Because of Calgary’s economic ties to the oil and gas industry (among others), plenty of workers find themselves in need of proper professional liability insurance coverage.
If you are unsure of what exactly this type of coverage entails, let us ask you one question. What would you do if, as a landman in Calgary, someone filed a lawsuit against you? This scenario is not something that most of us want to even think about. But the truth is that such scenarios happen. To protect yourself against such scenarios, buying a professional liability insurance policy is always the wisest idea.