Professional Liability Insurance
Everyone Makes a Mistake Now and Then
A company that provides any type of professional service, consulting or recommendations to clients, is vulnerable to claims of negligence. Errors, mistakes, miscalculations, or oversights can trigger a customer to claim the company was negligent in delivering the contracted service.
Just as a doctor needs malpractice insurance, other professions like accountants, consultants, and lawyers who are paid for their professional expertise need protection too. Atlanta Life offers robust Professional Liability insurance designed to protect businesses and their key managers who deliver service and advice for a living.
And it’s no secret that the professional liability insurance cost outweighs the alternative of not having the proper coverage. Professional Liability insurance policies will pay any judgment for which the insured is legally liable, up to the policy limit. They also provide for legal defense costs, which can be substantial, even where there has been no wrongdoing.
Unfortunately, we all live in a world that is becoming increasingly litigious with law suits filed with increased frequency. Despite you or your firm’s best efforts a client or customer may feel they’ve been mistreated or led astray by the advice or council your firm provided to them. Atlanta Life is your professional liability insurance company and will make sure you are protected against life’s unknowns.
Which Professions Should Consider Professional Liability Insurance?
Companies that fit within any of the following industries or professions should strongly consider Professional Liability Insurance:
- Professional Services (Bookkeepers, Accountants, Lawyers, Consultants)
- Real Estate Firms or Property Management Companies
- Technology firms
- Non-Profit organizations