Tag: free insurance quotes

As a professional, you probably know of the importance of securing your career. But what exactly does it mean and how do you go about doing this? Today we will be looking into one common thing that is especially detrimental to careers — namely, lawsuits. We live in a very litigious world. This shouldn’t be […]
When people hear the word “insurance”, some of them don’t always respond positively. Some┬áthink that insurance policies are too expensive. Others think that they are useless. As a professional currently operating in Calgary, Alberta, what’s your take on it? Chances are that you don’t agree with those people. You know exactly how important insurance policies […]
If you are a professional currently operating in the Oshawa region, chances are that you are not immune to being sued. This does not come as a surprise — you are, after all, hired to perform a certain task. Failure to perform this task can often negatively impact the lives of other people. In this […]

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.