Day: January 31, 2015
by pli_admin
January 31, 2015

Do Halifax Professionals Need Professional Liability Insurance Coverage?
As a professional currently operating in Halifax, you’ve probably heard this more times than you can remember: Don’t go to work without adequate coverage. But do you know what that means? And what exactly it entails? Let’s take a look at one of the most common forms of insurance coverage — namely, the professional liability […]
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Professional Liability Insurance/PLI

(Errors and Omissions Insurance)

These policies would cover

  • Flawed professional advice and services that may have resulted in financial loss to the customer or client.
  • Protects professional individuals or companies from responsibility of the full cost of defending against a negligence claim and damages awarded in such a civil lawsuit.
    • Professional liability insurance covers the costs of judgments, settlements and legal defense.
    • Damages paid under a professional liability policy are typically financial rather than physical.