Author: pli_admin

As a professional, you know how important properly covering yourself is. After all, it has the potential to save you a LOT of money (and headaches) down the road. But do you know just important it is to actively be on the lookout for insurance policies that you do not have? If you are here, […]
When people first delve in the great big world of insurance policies, they often wonder whether or not hiring a broker is worth it. Of course, having some reservation about hiring a broker is perfectly normal. After all, insurance policies can be taken care of (with some difficulty) by yourself. Plenty of people have done […]
If you are a professional currently operating in Canada, chances are that you are at least familiar with professional liability insurance coverage. But being familiar with this policy is not nearly enough. In fact, it’s nowhere near enough. Professional liability insurance Canada should never be ignored. Being properly covered is more important than ever, and […]
If you are a professional currently residing and operating in Canada, then chances are that you are familiar with professional liability insurance coverage and what it entails. While our dream is for every professional to be covered under this policy, we know that it just won’t happen. This is why we make it our priority […]
As a professional, you probably know of the importance of securing your career. But what exactly does it mean and how do you go about doing this? Today we will be looking into one common thing that is especially detrimental to careers — namely, lawsuits. We live in a very litigious world. This shouldn’t be […]
When it comes to free Belleville professional insurance quotes, are they really necessary? And if they are, who benefits from them the most? Let’s first take a look at what a professional liability insurance policy does in case you are not familiar with this type of coverage. Quite simply, this policy covers you from financial […]
When people hear the word “insurance”, some of them don’t always respond positively. Some┬áthink that insurance policies are too expensive. Others think that they are useless. As a professional currently operating in Calgary, Alberta, what’s your take on it? Chances are that you don’t agree with those people. You know exactly how important insurance policies […]
As a professional currently operating in Halifax, you’ve probably heard this more times than you can remember: Don’t go to work without adequate coverage. But do you know what that means? And what exactly it entails? Let’s take a look at one of the most common forms of insurance coverage — namely, the professional liability […]
Edmonton professionals, don’t wait until it’s too late — purchase a professional liability insurance policy today in order to protect your career tomorrow. As you probably are already aware of, we live in a very litigious world. As a result, more and more people are going to work each day while facing the threat of […]
As a professional currently residing in Canada, you probably know that not being properly covered under insurance policies can be devastating to your career. While you might think that it “only happens to other people”, the truth is that no professional is every truly immune from being sued — included you. One of the most […]

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.