Question

 What does Professional Liability Insurance mean?

Answer 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.
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Top Q&A For: What does Professional Liability Insurance mean

What does it mean to have Professional Liability Insurance?

It means that the professional has obtained security in the form of an insurance policy for the protection of the professional and the client from errors or omission in the services or advice provi... Read More »
http://wiki.answers.com/Q/What_does_it_mean_to_have_Professional_Liability_Insurance

If you have Professional liability insurance why do you need general liability insurance?

Professional liability insurance will protect you against lawsuits arising from your actual business operation. Suppose you have a consulting business, and you are sued for providing incorrect info... Read More »
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Why does a contractor need a professional liability insurance policy?

A contractor typically needs a Commercial General Liability Insurance Policy. It is rare for a contractor to have a need for professional liability insurance unless the contracted services are of ... Read More »
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How much professional liability insurance does a hospital need?

The annual aggregate exposure of the facility would dictate the amount of coverage required. Most facilities can make due with a few million up to 10 or 20 million dollars per claim coverage. But ... Read More »
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