Professional liability insurance protects professionals like accountants, lawyers, and physicians from claims of negligence that can be brought up by clients. In the course of rendering your professional services, you need to have this insurance coverage so that you will not suffer untold financial losses due to errors and mistakes.
The effect of such mistakes and errors can be devastating to clients. Most of them may file a legal suit against you or your company for the loss that they suffered.
If you have this professional liability insurance you will enjoy the following benefits.
Getting this policy is the right thing to do because errors and mistakes can occur at any time leading to financial losses. It can even badly affect your career. Your ability to pull through when it happens depends on your professional liability insurance cover.
If you are found liable in the course of practicing your profession, you may pay a huge sum of money as a settlement if you do not have professional liability insurance.
Your brand name is very important. It will not be good for a brand you have worked so hard to build to be faced with a suit from clients due to negligence.
Professional liability insurance covers claims from negligence and mistake.
ESi is bringing this professional liability insurance policy to you. Get this policy to ensure that your career and company are protected from the effects of errors and mistakes in the profession. Contact ESi for this service.