Hamilton Professionals: Can You Be Properly Covered Without a Professional Liability Insurance Policy?

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Maybe a friend of a friend of a friend has experienced it in the past. Maybe you’ve simply read about it online and have come to the conclusion that it might happen to you too. Regardless of why you are here, we can probably agree on one thing: As a professional currently living and working in Hamilton, you are not immune to being sued.

It doesn’t matter if you are a doctor, a lawyer, a nurse or even a teacher. It doesn’t matter if you’ve never made a mistake in your professional life or if you’ve never been caught making one. What matters is that you are not properly covered unless you are covered under a Hamilton professional liability insurance policy. Here’s why:

1. It’s financially draining to deal with lawsuits alone. And of course it’s also emotionally draining. So why risk your finances (and your mental health) by dealing with them alone? Purchasing a professional liability insurance policy ensures that you are financially covered in the event of a person filing a lawsuit against you. In other words, you won’t have to pay a cent out of your pocket (aside from your deductible) to defend yourself in court. Sounds good? Well that’s what thousands of Canadian professionals also seem to think!

2. Some companies will require that you purchase this policy.┬áThat’s how important it is. So if you are planning on changing company anytime soon, you might want to read more on this particular policy.

3. Lastly, it offers you peace of mind. Period. Lawsuits are extremely common in today’s society. How you managed to sleep at night without this policy under your belt completely baffles us. Unlike some other things in mind, peace of mind can be bought. For a good start, why don’t you go ahead and request a free professional liability insurance quote today?

Categories:

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.