Professional Liability Insurance –¬†Insurance for Service Professionals

Professionals in many industries have exposure from providing service and giving advice to their clients and customers. They can be held accountable for damages that their services allegedly caused. The defense of such claims can be very costly, even if the professional did not actually cause any damage. Professional liability insurance can be structured to provide defense and indemnification of such claims.

The type of service providers that need professional liability insurance includes accountants, architects, engineers, doctors, lawyers, real estate brokers, and management consultants.