What does professional liability insurance cover?

It covers legal defense costs, settlements, and judgments resulting from claims of professional negligence or errors in your services.

Professional liability insurance covers legal defense costs, settlements, and damages resulting from claims of negligence, mistakes, misrepresentation, or failure to deliver professional services.

An IT consultant’s software implementation error causes downtime for a client’s business. The policy covers the client's claims for lost revenue.

Review your policy terms to understand what is and isn’t covered, including any exclusions or conditions that may apply.