Professional liability insurance can help cover you and your business when a professional service mistake is made with a customer or client. Professional liability insurance is a different type of ...

Even in states like California, where carrying professional liability coverage is not statutorily mandated, obtaining legal malpractice and other professional insurance can help protect law practices ...

Is malpractice insurance the same as professional liability insurance? Malpractice insurance, professional liability insurance (also called professional indemnity insurance), and errors and omissions ...

Professional liability insurance for consultants is a type of business insurance that protects consultants from the risks of providing professional services to clients. Unlike advisers who may work ...

Professional liability insurance and business liability insurance have similarities between them, but they are not exactly one and the same. Stay with us as we try and answer some of the most ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Bobby L. Hickman is a longtime business and financial journalist who brings decades of ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...

Financial advisors offer a lot of personalized advice which can open them up for potential lawsuits if anything goes wrong. These lawsuits not only harm their reputation but can financially devastate ...

An insurance policy that service-related businesses need is professional liability insurance. Learn about what it covers and protects against.

Professional liability insurance covers legal costs and settlements for service-related negligence. It's essential for advisors like lawyers and doctors, particularly with high risk of client claims.

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