Tag: free calgary professional liability insurance quote

Have you ever thought of how you would react if you were to ever be faced with a lawsuit? Most people don’t. Lawsuits can be terrifying. Not only can they completely ruin a person’s reputation — they can also leave them financially ruined for many, many years to come. If you are a professional currently […]

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.