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Business Conference

Professional Liability

Protect Yourself And Your Business From Claims That Are Not Covered By Your Businesses Commercial General Liability Insurance!

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What Does Professional Liability Cover That General Liability Doesn't Cover??

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Professional liability helps protect you and your business from actual & alleged errors & omissions from your professional services. 

 

Common Claims Made On These Policies Are:

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  • Misrepresentation

  • Negligence

  • Breach of contract

  • Inaccurate advice

  • Failure to services

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Who Should Purchase A Professional Liability Policy?​

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Any business who performs any of the following should purchase a professional liability policy:​

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  • ​Provides A Professional Services 

  • Designs or Pulls Permits

  • Provides IT Solutions

  • Gives Advice to Clients

  • Provides Medical Services

  • Requested to Complete Contract Requirements 

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A Few Professions Who Purchase Professional Liability Are:

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  • Accountants, Bookkeepers & Tax Professionals

  • Advertising Agencies

  • Consultants

  • Graphic Designers

  • Healthcare Professionals

  • Interior Designers

  • Real Estate Professionals

  • Technology Professionals

  • Architects & Engineers

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What Is The Difference Between Professional Liability & Errors & Omissions?

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There is no difference. Different industries refer to it under different names.​

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  • Errors & Omissions - Insurance Agents, Attorneys, Accountants

  • Medical Malpractice - Doctors

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Why Does My Policy Have A Retroactive Date?

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Most insurance carriers write professional liability policies on a claims-made policies with a retroactive date. The retroactive date means that you have coverage on or after the retroactive date. When changing a claims-made policy with a retroactive date you need to be sure you maintain your current retroactive date.

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For Questions & Help With Your Professional Liability Insurance

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Contact us:

 (833) 672-2467

info@orcaig.com

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