Professional liability insurance
A claims-made policy provides benefits only if you file a claim while it’s active. If you cancel your policy and then report a claim, you’ll have no insurance coverage.
Find out how commercial insurance policies differ and which ones will benefit your business.
Client contracts often require professional liability insurance. Businesses in certain industries are also required to have this coverage.
When a dissatisfied client sues over a mistake made by your business, professional liability insurance can cover the cost of legal defense, including the cost of hiring a lawyer.