Tag: free professional liability insurance quote

In the world of insurance coverage, free insurance quotes should be everybody’s weapons of choice. This is because they allow people to get a general idea of what to expect from a particular company… but you already know that, right? If you are here, we can only assume that you are interested in the WHERE […]
        In the professional world, not being covered under the right insurance policies can have disastrous effects on your life. Each year, hundreds of professionals from all over the country are taken to court. What prevents you from being among them? Unfortunately, avoiding malpractice and acts of negligence is not enough to keep […]
Malpractice claims are every professional’s worst enemy… and rightly so. While malpractice claims don’t always ruin a career, they certainly have the possibility to do so. The more severe the claim is, the more damage they can cause. As a Canadian professional, properly insuring you should be one of your priorities. We simply can’t stress […]
As a professional currently residing in Canada, you probably know that not being properly covered under insurance policies can be devastating to your career. While you might think that it “only happens to other people”, the truth is that no professional is every truly immune from being sued — included you. One of the most […]

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.