Professional Liability Insurance for Legal Professionals – E & O Insurance
Professional Liability insurance, or Errors & Omissions Liability Insurance, can help protect legal professionals and your business against claims made by your clients that are not covered by general liability insurance. As a finance professional, Professional Liability can cover risks such as administrative mistakes and missed deduction. It could be as small as the client believing you violated good faith agreement; Cover Advantage can provide you with the correct Professional Liability insurance.
Applicable Types of Scenarios for Legal Professionals
- You prepare a will and the client alleges that the will does not represent their desires due to semantics.
- You are a lawyer and you give a legal recommendation with the information you have been provided. The recommendation turns out to be inadvisable and the client holds you liable.