St Augustine's Professional Liability
Why should you purchase Professional Liability insurance?
Professional Liability insurance protects professionals such as lawyers, architects, engineers and accountants against potential negligence claims made by their clients/patients.
Professional Liability focuses on error or omission of products or services sold, failure to perform and financial loss. Common reasons that may give rise to a Professional Liability claim may be negligence, misrepresentation and inaccurate advise. Normally set up on a claims made basis, most policies only provide coverage for claims made during the policy period. It is therefore important to keep your policy in force and maintain the retro-active date.
As always, it is important to discuss the specifics of your policy and/or plan with an insurance professional. For more detailed coverage information please contact our office and speak to one of our associates; we are here to help.
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