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.
Sure. Depending on your occupation professional liability can be added as a rider to a businessowners policy. Often times professional liability will be a separate policy. I recommend that you contact a good independent insurance agency that represents several insurance companies so they can find you the best policy for your needs at the best price.
A contractor typically needs a Commercial General Liability Insurance Policy. If the contract includes professional services, then the contractor will likely be required to carry Professional Liability Insurance, either in addition to, or in place of a CGL policy. It really just depends on the nature of the services contracted.
Malpractice insurance is a form of Professional liability insurance usually tailored for persons or firms practicing in the legal and medical professions. Malpractice insurance is the term used for Professional Liability insurance in the Medical and certain other professional fields.
Yes, California does require the attorneys to have professional liability insurance.
Professional liability insurance is something that people who are doctors or special physicians need. You can sign up for this at professional insurance companies like State Farm.
You will need professional liability insurance, this will just help ensure that you are covered. A physician's assistant is usually covered through the physician's professional liability insurance but it never hurts to have your own on top of that.
Professional Indemnity Insurance Malpractice Insurance Errors and Omissions Insurance
form_title=LLC Liability Insurance form_header=Even as a limited liability company, it's important to have protection from personal liability. Have an insurance professional create a personalized quote based on your business risks. Type of Insurance Needed:= [] General Liability Insurance [] Property Liability Insurance [] Professional Liability Insurance [] Directors and Officers Liability Insurance [] Product Liability Insurance [] Other [] Not Sure Years In Business:=_ How many total people work in your business (including yourself, owners, officers, employees, contractors, etc)?=_
You need a commercial general liability policy.
Professional Liability Insurance (also known as Errors and Omissions Insurance) insures businesses with the defense they need if a dissatisfied client makes a claim against it.
A Professional liability insurance Policy, as well as a contractors General Liability Insurance policy will provide coverage for the cost of legal defense.
Professional Liability Insurance or an Errors and Omissions policy provides coverage for liabilities that may arise from the practice of your profession.