Day: June 27, 2015

Are you a Canadian professional interested in learning more about professional liability insurance coverage and how it might (or might not) benefit you? Then you’ve come to the right place. Here at EasyCover, we have experience in helping people understand just what this policy is and why they happen to need it. This is why […]

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.