Toronto Professional Liability Insurance Quote: Who Needs One?

1444193_26149925-300x200Being a professional comes with a certain degree of responsibility. Regardless of your profession, the burden of performing your work properly lies on your shoulders at all times.

Let’s say that you are a doctor currently operating in Toronto. Nobody has ever complained about you. Your co-workers enjoy working with you and you are never late to work. You have been a doctor for a decade now and you have never made a mistake. Then one day, it happens. You misdiagnose a patient and prescribe her the wrong kind of medication.

What happens when this mistake backfires on you? Try as you might to tell everyone that it was a “simple mistake”, it’s just not enough. Neither is your almost-perfect-diagnosis record. In fact, it’s now completely useless because the patient just decided to sue you.

Now let’s say that you are uninsured. What happens then? Well the obvious — you have to pay everything out of your own pockets. Sounds fun? Not so much.

You see, a professional liability insurance policy exists to prevent such scenario from happening. If you live in the Toronto andcurrently work in a professional field where the constant threat of being sued for an error or omission that you may or may not have committed exists, then going to work each day without this policy is a very bad idea.

The good news is that we have exactly what you need: a Toronto professional liability insurance quote. What’s more, it’s free and comes with absolutely no obligation.

You might think that it “only happens to others”, but the truth is that it does not. Don’t wait until it’s too late — nobody is immune to making mistakes so why should one ruin your career?

Categories:

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.