Day: October 5, 2015
by pli_admin
October 5, 2015

3 Things To Know About Fredericton Professional Liability Insurance Coverage
Okay, so you’re a professional. We have this covered (no pun intended). But the question still remains… are you covered under a Fredericton professional liability insurance policy? Chances that you’re not… or well, you wouldn’t be here! If you are considering purchasing this policy in the near future, here are 3 things that you need […]
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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.