Should Professionals In Medicine Hat Purchase Professional Liability Insurance Coverage?


When it comes to insurance coverage, there seems to be a recurring question among professionals in Medicine Hat, and really across the entire country as well:

Should they purchase a professional liability insurance policy?

The truth, unfortunately, is that we can’t say for sure whether YOU need to be covered under this policy. What we can do, however, is help you figure out whether you need it or not. This can be done by answering one simply question related to your current profession… Can you be held liable for an error or omission that you may or may not have committed?

If you answered yes to that question, then chances are that you would benefit from purchasing this policy. No, scratch that — you will benefit from purchasing this policy. It’s as simple as that.

In Medicine Hat, there seems to be a few common misunderstandings among professionals. Firstly, too many people seem to think that professional liability insurance coverage is “pointless”. And secondly, many of them like to believe that general liability insurance coverage is enough for them.

This couldn’t be farther from the truth.

Medicine Hat professional liability insurance coverage is not pointless. In the past, this policy has saved countless people from bankruptcy. Some of them liked to think that general liability insurance coverage was enough until they realized that this policy does not cover claims resulting from errors and omissions. This is why, as a professional currently living and working in Canada, being covered under a professional liability insurance policy is more important than ever.

Before it’s too late, request your free Medicine Hat professional liability insurance quote.


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.