Professional liability insurance for consultants helps cover the costs associated with defending and settling claims of professional errors, negligence or failure to perform your services.

Professional liability insurance is a different type of business insurance than general liability insurance and it extends your … Continue reading → The post What Does Professional Liability ...

Maryland does not require lawyers to carry professional liability insurance. Oregon, West Virginia, Nebraska, and Rhode Island have forms of mandatory insurance. Many others, such as Delaware and ...

APAC led the market in 2023, accounting fo 75% of total revenue. The global professional liability insurance market is ...

Medical malpractice insurance, which is a type of professional liability insurance, could cover that expense. Save up to 30% on business insurance.

While professional liability insurance is available for almost every industry, it might have a different name. For example, a professional liability insurance plan is also known as errors and ...

Type of Professional Liability Insurance Policy There are two types of professional liability insurance policies—an “occurrence-based” policy and a “claims-made” policy.

2. Professional liability insurance. Professional liability insurance covers small businesses or individuals who offer advice or services, such as accountants, financial advisors, doctors and lawyers.

The 2023 Hiscox Underinsurance in Small Business Report found that two-thirds of small businesses do not have professional liability, also known as errors and omissions or E&O insurance coverage.

Financial planners are not required to carry professional liability insurance, but most lawyers and consultants say it's unwise to operate without it. No one is ever immune from making mistakes ...

Miscellaneous professional liability insurance protects service providers from mistakes they make during the performance of their duties. Also known as errors and omissions insurance, this coverage.