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 to educate people on the importance of being covered under this policy. This way, we can at least convince a few people.
If you are here, then chances are that you are not sure whether or not a professional liability insurance policy would benefit you or not. This blog post is probably one of many that you have read on this topic — and it won’t be the last either. Here’s our two cents on this topic: As long as the threat of being sued exists, then purchasing a professional liability insurance policy is a must.
It doesn’t matter if you are the best at what you do. It doesn’t matter either if you’ve never made a mistake or never plan to make one. Somewhere along the way you are bound to make one. How exactly will that mistake affect your professional (and financial life) is completely up to you.
In most cases, nothing will happen. But as long as the possibility of that mistake leading up to a lawsuit exists, then you should always be prepared in advance. The best way for you to prepare yourself for this scenario is by purchasing a professional liability insurance policy. Not only will your defence costs be taken care of by your insurance company — you will also not have to pay a cent out of your pocket when/if the court orders for a settlement to be issued to the claimant.
What more could you ask for? If you care about your career, then this policy is a must. Protect your future by requesting a free insurance quote today.