Learn about professional liability insurance and how it shields professionals from claims related to their services.
Professional liability insurance, also known as errors and omissions insurance, protects professionals such as doctors, lawyers, and consultants from claims related to negligence, malpractice, or errors in service. This type of insurance is critical in fields where small mistakes can lead to significant legal claims. Without professional liability insurance, professionals can be held personally liable for legal expenses and damages, which can quickly become financially burdensome. For those offering specialized services, this coverage provides essential protection against costly lawsuits.
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