Professional Liability Insurance. Make sure your business is protected. Professional liability insurance offers financial coverage to medical professionals against claims associated with errors and omissions when providing professional services.
A professional liability insurance policy helps with common claims like negligence, misrepresentation and inaccurate advice. Aig offers a wide range of errors and omissions (aka professional indemnity) liability coverages to meet the needs of companies providing, among other things: This coverage includes damages and defense costs up to your policy limits, regardless of whether a mistake was made.
Make Sure Your Business Is Protected.
If a mistake leads to a financial loss for your client, they can sue your business. It is particularly important for businesses that offer. A professional liability insurance policy helps with common claims like negligence, misrepresentation and inaccurate advice.
When That Happens Professional Liability Insurance Allows You To Move Past The Problem Quickly And Not Get Caught In Costly And Time Consuming Disputes.
Professional liability insurance pays for financial or economic damages to your customers or clients as a result of: Professional liability insurance is a type of business insurance that provides coverage for professionals and businesses to protect against claims of negligence from clients or customers. Professional liability insurance covers claims of actual or alleged negligence that arise from providing professional services, like giving incorrect advice, an omission, or failing to deliver a service.
Directors And Officers Liability Insurance, Also Known As Management Liability Insurance, Covers Damages Involving Wrongful Acts Committed In The Discharge Of Your Duties, Including:
This coverage includes damages and defense costs up to your policy limits, regardless of whether a mistake was made. What most of our customers pay for professional liability insurance. Here is the breakdown of what our customers pay for this type of coverage.
40% Of Our Customers Pay $26 To $45 Per Month On Professional Liability Business Insurance.
If a client sues you, this policy may help pay your legal expenses. It is also popular as errors and omissions insurance; We work with leading insurance companies to help cover your business if something goes wrong with the professional services you provide.
The Average Price Of A Standard $1,000,000 Professional Liability Insurance Policy For Small Businesses Ranges From $32 To $79 Per Month Based On.
Although there are a few exceptions (e.g. The reliance professional indemnity insurance policy provides the following covers: Professional liability insurance, often referred to as professional indemnity cover, pays out in the event that you make a mistake that causes a client to suffer financial loss.