As a professional currently residing in Edmonton, one of the worst-case scenarios related to your career probably entails a lawsuit.
Let’s be honest — no matter how good you are, lawsuits are sometimes inevitable. By now it’s no surprise to anyone that we live in a very, very litigious world. A simple mistake can often prove to be fatal to a person’s career. Likewise, it does not even have to be your fault — sometimes, you just can’t stop a person from filing a lawsuit against you.
Once this is done, you most likely will have the choice between two endings. They both depend on whether or not you are covered under an Edmonton professional liability insurance policy.
As a professional, we can’t stress enough the importance of owning this type of policy. If you have to face a lawsuit, then it’s better to face it with people who have your interest at heart. Aside from your deductible, your insurance company will be in charge of the costs associated with your defence as well as the settlement ordered by the court, if applicable.
In other words, you will not have to worry about money at all. Instead of thinking about going bankrupt, you can instead concentrate on finding evidences that you can use to prove your innocence, or at least alleviate the claim that is being filed against you.
Of course, we don’t need to tell you what will happen if you are not covered under this policy. By now, you can probably figure out that you will have to pay everything… or go bankrupt.
Sounds troublesome? You have no idea.
So why wait until it’s too late? Request your free quote today to see just how much you would benefit from owning a professional liability insurance policy. As we like to say, a simple mistake should not ruin a career. So why should you let one ruin yours?