IT Professionals & Software Errors: Why Protecting Yourself Matters

the-source-1464380-1279x996As an IT professional, you probably love your job. And rightly so — the world of IT is always expanding, and there are no limits to what people may employ you for. But here’s the thing: Your profession doesn’t come without its fair share of pitfalls. As you may (or may not be aware of) IT professionals from all over Canada are threatened on a regular basis by lawsuits that stem from errors and/or omissions. How do you know you won’t be among them?

When someone hires you, they expect you to deliver a service within the standards of quality that they have set. When you fail to do so, you are faced with the consequences. But what happens when failure to meet expectations lead to something much worse? Software failure, for one? And eventual loss of money for the employee?

As you can see, IT professionals are among some of the most vulnerable professionals in Canada. No matter how good you are at your job, only one thing needs to go wrong for you to get sued, lose your job and maybe even go bankrupt.

Of course, we aren’t here to scare you. We’re just here to open your eyes to the dangers associated with being improperly covered. If you are an IT professional currently living and working in Canada, then we can’t stress enough the importance of being covered under a professional liability insurance policy for IT. The latter protects you financially in the event of a person filing a lawsuit against you, regardless of whether you were at fault or not.

Interested? Grab your free insurance quote from EasyCover today. Peace of mind is absolutely priceless.

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.