Professional Liability

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Professional Liability as the name implies, protects individuals and businesses that give professional advice. This coverage is commonly referred to as errors and omissions insurance. Examples of professions commonly covered are:

  • Architects
  • Engineers
  • Accountants
  • Consultants
  • Technology (computer programmers)
  • Agents (insurance, real estate, etc.)
  • Attorneys

Other types of Professional Liability:

  • Medical Malpractice (health care professionals)
  • Directors and Officers –board of directors (for profit and not for profit).

Each Professional Liability policy is written for a specific profession and can be very narrow in its scope of what is covered. Businesses need to be very careful to select the right policy for all of the professional risks the organization may be exposed to.

Professional Liability - calculator

Professional Liability -blueprint

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