Tag: coquitlam

If you are a professional currently operating in Coquitlam, then we cannot stress enough the importance of being covered under a professional liability insurance policy. Regardless of what field you are working in, the truth is that you are never immune to being sued. You might think that it “only happens to others”, and while […]

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.