Day: May 23, 2015

        In the professional world, not being covered under the right insurance policies can have disastrous effects on your life. Each year, hundreds of professionals from all over the country are taken to court. What prevents you from being among them? Unfortunately, avoiding malpractice and acts of negligence is not enough to keep […]

Professional Liability Insurance/PLI

(Errors and Omissions Insurance)

  • 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.