Companies hire professionals with a belief that they will add their expert knowledge and skills to assigned tasks to the best of their abilities. Apart from their services, professionals are expected to work as per the standard code of conduct to offer a leading edge to client companies. However, being human only, sometimes professionals may fail to comply with the set code of conduct and thus, they can be dragged to court for losses that they have caused to their clients. A professional liability insurance policy protects professionals in cases when they have to pay a heavy compensation for their professional acts.
Professional liability insurance is an independent insurance cover designed specially for professionals against loss occurred from professional negligence, error or omission while working for their clients.
Nowadays, many insurers provide professional liability insurance policies. Visit their offices or look through internet and choose the best insurance policy for your needs.