Day: June 22, 2015

Maybe a friend of a friend of a friend has experienced it in the past. Maybe you’ve simply read about it online and have come to the conclusion that it might happen to you too. Regardless of why you are here, we can probably agree on one thing: As a professional currently living and working […]

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.