Key takeaways: Professional liability insurance protects a business if a client files a lawsuit over an alleged or actual mistake or bad piece of advice. Errors and omissions insurance, medical malpractice insurance and legal malpractice insurance are types of professional liability insurance. In general, anyone who provides a service to clients should consider professional liability…
The article What Is Professional Liability Insurance? originally appeared on NerdWallet.
https://www.nerdwallet.com/article/small-business/professional-liability-insurance
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