Day: September 25, 2015
by pli_admin
September 25, 2015

Do I Need Professional Liability Insurance Coverage or General Liability Insurance Coverage?
In the insurance world, it is not uncommon to see people wondering whether they would benefit more from a professional liability insurance policy or from a general liability insurance policy. Because of the similar nature of each policy, it is not surprising either. Quite simply, a professional liability insurance policy covers professionals. As you may […]
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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.