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Professional Liability Insurance provides coverage if the professional makes a mistake that causes financial harm to another The coverage invokes for claims of negligence, breach of contract, or both.
Yes, If your client has a claim against you for damages resulting from your professional advice or services, Your professional Liability insurance will provide coverage for the insured's defense cost as well as coverage for the client if you are determined to be liable.
Professional liability insurance will protect you against lawsuits arising from your actual professional services rendered. Suppose you have a consulting business, and you are sued for providing incorrect information, that would be a professional liability. Insurance agents and accountants need a similar coverage called Errors and Omissions. Doctors and Lawyers need Malpractice... General liability pertains more to premises coverage for your place of business, to protect you against situations like a slip and fall. General liability would also cover any damages or bodily injury that your business caused while at a customer's location. It would also cover you for your products or completed operations of your business. Most general liability policies specifically exclude professional liability.
Professional indemnity insurance pays for the legal costs and any judgments up to the coverage limit. Also it may help with conducting an investigation to help with your case.
A beautician would need premises liability to cover anyone who was injured on the property and other liability issues as well as professional liability insurance to cover the beautician against claims resulting from their profession. Professional liability can often times be added to the property and liability (businessowner's) policy for very little additional cost. As a matter of full disclosure, I own and operate a small Independent Insurance Agency for the past 22 years and worked as an agent for direct writers for 3 years prior to that.
No. Wedding insurance will only cover things such as public liability, host liability etc. It does not cover a runaway bride.
Personal liability insurance provides additional coverage to other insurance policies. Without personal liability insurance, any thing that one's home or car insurance could not cover, one would have to pay out of pocket. Personal liability insurance will cover those fines.
Self employed people who give professional advice such as a psychologist, attorneys, doctors, lawyers, accountants, architects engineers etc need to have this insurance to cover any damages from their advice with their clients.
Combined liability insurance cover rates can be compared via major insurance comparison sites, such as GoCompare, MoneySupermarket and CompareTheMarket.
A personal liability insurance policy would likely cover tutors going to students' homes. This type of insurance provides coverage if the tutor causes accidental damage or injury while providing their services at a client's home. It's best to check with insurance providers for specific coverage details.
General liability covers Public and Producs Liability, therefore by having General Liability cover, public liability is covered also.
If your asking will your auto liability insurance pay for a traffic citation, No. They don't pay for the illegal acts of the insured. Your auto liability insurance is accident insurance.