Tag: fredericton professional liability insurance quote

As a professional, you know how important properly covering yourself is. After all, it has the potential to save you a LOT of money (and headaches) down the road. But do you know just important it is to actively be on the lookout for insurance policies that you do not have? If you are here, […]

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.