Professional Liability Insurance (Errors & Omissions)
We provide professional liability (Errors & Omissions) insurance services in all Ontario, Canada.
ProfessionalsCoverage.com was designed to focus the specialized needs of Professionals. Professional Liability (Errors & Omissions) Insurance and Comprehensive General Liability (CGL) Insurance rely on professional brokerage to manage risks unique to this industry. Professionals with no previous professional liability (Errors & Omissions) insurance are also welcome.
Professional liability insurance (PLI), also called professional indemnity insurance (PII) but more commonly also known as errors & omissions (E&O) insurance in the Canada, is a form of liability insurance that helps to protect each professional and companies offering advice and service from bearing the full cost of defending against a negligence claim made by a client, and a damages awarded in such a civil lawsuit.
The protection focuses on alleged failure to do for, financial loss caused by, and error or omission in the service or product sold by the insured individual professional or company. These are potential causes for legal action that would not be covered by a comprehensive general liability insurance policy which addresses more direct forms of damages of property and bodily injury. Professional liability (Errors & Omissions) coverage sometimes also provides for the defense costs, including even when legal action proves out baseless.
Professional liability (Errors & Omissions) insurance is required by law in some fields for certain kinds of professional practice especially legal, finance and medical, and is also sometimes it required under contract by other companies that are the beneficiaries of the advice or service.
Professional liability (Errors & Omissions) insurance may take on different-types and names depending on the profession. For instance, Professional liability insurance called malpractice insurance related to medical professions., while errors and omissions (E&O) insurance is used by Brokers, Consultants and Lawyers. Other professions that commonly bought professional liability insurance include Architects, Engineers, Accountants and Financial Advisors, Construction Industry and Information Technology Professionals.
For several years, numerous professionals have sought our expertise. We arrange thousands of "Professional Liability Insurance " policies. With our large client base and expertise in professional liability insurance, we have established excellent relationships with insurance companies who write coverage's at reasonable premiums.
Our effectiveness is reflected in the broad range of professionals/firms we service:
To obtain a quote simply complete our on line insurance application or get in touch with us by telephone or contact us.
To discuss your Professional liability (Errors & Omissions) Insurance and Comprehensive General Liability Insurance please get in touch with Kirpal Multani at 416-728-6806.or Toll Free: 1-888-400-4814