Professional Liability Insurance comes in handy in a few different situations including:
- Mistakes that cost your client(s) money
- Undelivered results/services
- Negligent services
No matter how careful you are, mistakes can happen. If a mistake or mishandled service causes a financial loss for one of your clients, it could be problematic for your business without the right insurance policy to protect you.
Professional Liability will help you in these situations. With the right policy, you will be covered even if one of your clients attempts to sue you as a result of your mistake.
Michael E.