Professional liability insurance may respond to certain claims alleging financial harm caused by professional services, errors, omissions, or failure to meet a service standard.
Who may need it?
Consultants, designers, technology providers, accountants, and other service businesses may evaluate this type of coverage.
Review exclusions
Check retroactive dates, defense costs, contractual liability, cyber exclusions, and whether claims-made reporting requirements apply.
This guide is general education, not legal advice.