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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.
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∙ 12y ago
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Why does a contractor need a professional liability insurance policy?
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.
Do you provide professional liability insurance?
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.
How is professional liability insurance different from malpractice insurance?
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.
Does California require attorneys to have professional liability insurance?
Yes, California does require the attorneys to have professional liability insurance.
Where to get 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.
Where can I find information on professional liability insurance for physician's assistants?
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.
Business Liability Insurance ?
form_title=Business Liability Insurance form_header=Protect your business with the right business liability insurance for your needs. What is the annual revenue of your company?=_ Does your company currently have insurance coverage?= () Yes () No What type of business liability insurance do you need? (Check all that apply)= [] General Liability [] Workers Compensation [] Business Owners Policy (BOP) [] Property [] Professional Liability [] Business Travel [] Business Automobile
What could professional liability insurance also be named?
Professional Indemnity Insurance Malpractice Insurance Errors and Omissions Insurance
Are defense expenses paid in a contractors professional liability policy?
A Professional liability insurance Policy, as well as a contractors General Liability Insurance policy will provide coverage for the cost of legal defense.
You are starting a residential cleaning business Should you get general liability insurance or professional liability insurance?
You need a commercial general liability policy.
What does Professional Liability Insurance mean?
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.
Can you list Additional Insureds on Professional Liability Insurance?
Yes, In New York, that is true for medical professional liability.
