insuranceWho needs professional liability insurance?

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Professional Liability insurance, also known as Errors and Omissions (E&O Insurance), is protection for your business from claims of negligence related to a professional service.

Who needs professional liability insurance?

Businesses that provide professional services or give advice to clients should consider purchasing professional liability insurance. It provides protection when a business owner is sued for negligence because their work doesn't meet a client's expectations.

Businesses that should carry professional liability insurance can include:

Real estate agents

Healthcare practitioners

Professional liability insurance protects a business against actual or alleged errors and omissions when providing professional services, such as giving incorrect advice, an omission, or failing to deliver a service.
Professional liability insurance can also offer coverage for claims arising from services provided in the past and work performed anywhere in the world.

It's important to understand that a general liability policy won’t protect against these risks.

Our expert commercial brokers can help advise you on setting up a policy to protect your unique business. Call us today, or start a quote online.

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