Professional liability insurance (also known as Professional Indemnity Insurance) protects professionals against alleged negligent acts, inaccurate advice, malpractice, misrepresentation, violation of good faith and fair dealing, as well as errors and omissions in the performance of professional services. This protection is in addition to coverage from typical general insurance policies. Professional liability insurance policies are generally set up based on a claims-made basis, meaning that the policy only covers claims made during the policy period.

Professional liability insurance is applicable to but not limited to the following professions:

• Accountants
• Appraisers
• Architects
• Home inspectors
• Lawyers (also know as errors and omissions insurance)
• Physicians (also know as Medical Malpractice)
• Quantity surveyors
• Real estate brokers

There are also specific errors and omissions (E&O) policies for certain professions or companies where failure to perform, financial loss, breach of warranty, intellectual property, personal injury, security and cost of contract may be applicable.

Regardless of your requirements for Professional Liability Insurance, MyInsuranceBroker will provide you with a customized package to address your needs. For more information, contact MyInsuranceBroker today!