Day: February 7, 2015
by pli_admin
February 7, 2015

How Important is Calgary Professional Liability Insurance Coverage?
When people hear the word “insurance”, some of them don’t always respond positively. Some think that insurance policies are too expensive. Others think that they are useless. As a professional currently operating in Calgary, Alberta, what’s your take on it? Chances are that you don’t agree with those people. You know exactly how important insurance policies […]
0
read more

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.