Professional liability insurance protects you from lawsuits arising out of job-related activities. Not all professions require liability insurance, but if you are in a business that could leave you open to a lawsuit, this coverage is essential.
Important matters to consider.
- If you're an employee, find out if your employer covers you for professional liability.
- Self-employed professionals or small business owners should probably acquire professional or business liability insurance. If you need to acquire professional liability coverage, check with your professional association. If they don't offer the coverage, they can probably advise you on insurance companies that do