Vancouver Professional Liability Insurance Quotes — Would You Benefit from One?

You’ve heard it a thousand times before — being properly uninsured is dangerous. It’s dangerous if you drive an uninsured car and you get into an accident. It’s dangerous if your uninsured house becomes the victim of vandalism overnight. But do you know how dangerous it is for you to go to work each day without being covered under a professional liability insurance policy?

Because we live in such a litigious world, it is sometimes difficult to avoid unpleasant situations — and people for that matter. If you live in Vancouver and work in a profession where the constant threat of being held liable for a mistake or omission that you may (or may not) have committed exists, then you might benefit from a Vancouver professional liability insurance quote.

It does not matter whether you are a lawyer, a medical professional, a teacher or even a consultant. As a professional, it is your responsibility to avoid being sued. Sometimes, however, it just can’t be helped. And what do you do when this happens and you are not properly covered? You have the carry the burden on your shoulders, to the detriment of both your finances and your profession.

This might sound a bit grim, but it is what thousands of people must face everyday. Lawsuits are very real — just because you think they “only happen” to others does not make you immune to them. Before you make a mistake and let said mistake ruin your life, we encourage you to take a look at the benefits associated with owning a professional liability insurance policy.

As the saying goes, it’s better to be safe than sorry.

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.