What is Professional Liability Insurance?
What is Professional Liability Insurance?
Professional liability insurance is a form of insurance which helps to protect professional advice and service and companies from having to endure the full cost of defending against a negligence claim made by a client. It is also knows as an E & O errors and omissions and can help bear damages awarded in a civil lawsuit.
At Ion Insurance Agency, we have made it our mission to protect you and your business from undue risk.That’s why we are pleased to offer our exclusive Errors & Omissions Insurance policy.
- Lawyers
- Technology Companies
- Doctors
- Dentists
Professional liability insurance policies are generally set up based on a claims-made basis. This means that the policy only covers claims made during the policy period. Not having professional liability insurance is a major over sight and should be thought of immediately.