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Answered 2013-05-21 15:12:59

Your Professional Liability insurance covers you for claims of loss made by your students in relation to the quality and competency of your teaching services. It does not provide coverage for bodily injury to a student, yourself nor an employee.

Workman's comp covers you and your employees for bodily injury you may incur in the course of your work. However, the law of States differ on the number of employees that a business must have in order for worker's compensation to be required.

They are two different kinds of coverage, if you have employees you need the workman's comp.

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Professional Liability Insurance Protects Against Disgruntled Clients?

Think of professional liability insurance not as insurance against your own malpractice, but as insurance against the malpractice your angry clients will claim. No matter how hard you work, whether you are a doctor, lawyer or other professional, there will be some clients that are unhappy with the results. Sometimes, this unhappiness causes them to look for malpractice, even when there is none. Professional liability insurance can help by quickly settling frivolous claims, and by protecting your reputation in court if necessary.


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How much auto insurance liability is necessary?

The limits vary by state. Where are you?


How is liability insurance handled in insurance?

In most cases, clients are handed over with the processes and legal documentation of getting an insurance from a company - providing the necessary information ,limits and scope of the client's insurance - which then includes liability insurance.


Who secures professional liability insurance for individuals in a company?

This really depends on the nature of your work and relations with your clients and companies. Generally if you are self employed working by contract you would obtain your own Professional Liability Insurance to cover any perceived risks. If you work in the employee of another company then the employer would provide coverage it deems necessary.


How can insurance liability be used against you?

Insurance liability is found in different scenarios, but for this example I will use Auto Insurance liability. Most automobile lenders require anyone with an auto loan to have insurance liability. This means if you cause an accident while operating your vehicle, you may be made liable to pay the costs of damages and medical bills. While insurance liability is a good thing to have, especially if you are the one who is the victim of an accident, it can also be a costly, though necessary thing to have.


What type of business insurance is necessary to protect a wedding planning business and the cost per year?

You should be looking for general liability and errors and ommission insurance.


Does a home based child care center need commercial liability insurance?

To become licensed child care center, you are required to have commercial liability insurance. However if becoming licensed is not your goal, commercial liability insurance is not necessary. You should consider increase your home owners insurance to protect you in the event of accident. Most insurance companies will provide you additional coverage for people wanting to do a start a home based day care.


When is it necessary to have events insurance Should I purchase this for my company?

Events insurance is insurance on a one-time event, such as a wedding. You'd be better off going with just regular business insurance or liability insurance for your company. You don't need events insurance for a company, just liability. Events insurance is more for things like concerts or special events that need one-time coverage.


Do you need supplemental liability insurance when you rent a car?

Your liability coverages should apply, if you feel you need more coverage when you are renting a car then when you are in your own car I would go ahead. Usually their insurance is not necessary, I would verify this with your agent though.


Do you need liability insurance for a nonprofit community social club with about 40 members that meets both around town and in a nursing home all-purpose room?

I doubt it but you should contact a local agent and discuss what risks there could be for your group, and if a policy is necessary.


Is liability insurance on property that is not being lived in necessary?

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What insurance does rudy giuliana have?

I would imagine he would carry whatever is reasonable and necessary. Life, DI, LTC, Health, Auto, Home, Liability, etc.


Who is legally responsible for carrying professional liability insurance coverage the employer or employee?

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What are some considerations of a business planning to get renters insurance?

Business renters insurance is a necessary expense if the building a company occupies is not owned. Some of the considerations a business must plan on are fire and theft, liability and "Acts of God".


What is business liability insurance?

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Does a contractor have to carry any type of liability insurance for their work?

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Do I need to carry Motorcycle insurance?

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How do you buy auto insurance without a licence or car?

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