Know that a general liability insurance does not cover misrepresentation, malpractice, and/or negligence. That is why it is crucial for you and your business to get a Professional Liability Insurance. If your profession provides service, then, do not hesitate on getting one. The errors and omissions insurance is a flexible one depending on your specific profession. For people working under the healthcare sector, see the article regarding Medical Malpractice Insurance. Whether you own a business or you are working on your own, it is still necessary to avail an errors and omissions insurance.
The Professional Liability Insurance (PLI) Professional liability insurance can protect the industries listed below:
- Real estate agents, and brokers.
- Doctors, dentists, surgeons, and other medical professionals.
- Travel agents, and travel agency owners.
- IT companies and professionals.
In the past few years, the number of lawsuits filed against professionals has definitely increased. Many professionals in different sectors have the possibility of being sued. For as long as you provide a service in exchange of a certain fee, it is necessary to acquire a reliable errors and omissions insurance.
Lawsuits can affect your personal life and professional career. At BizSmart Insurance, we aim to help you in times of these difficult times. Our Professional Liability Insurance (PLI) can ease your financial burden whenever such unfortunate events happen. To get the information about our insurance policies, talk to our BizSmart Insurance agents now!