Massachusetts professional liability insurance can also be known as errors and omissions insurance. This type of insurance protects you from alleged failure to perform, financial loss caused by bad advice or an omission in service by you or your company. General liability does not cover these claims. Professional liability can often cover defense costs even when the allegations are deemed invalid, however it does not cover criminal prosecution. You work hard to maintain a professional office, don’t allow one mistake or alleged mistake cost you the business’ financial future.
Below are some professions that should have professional liability insurance.
- Photographers
- Real Estate Professionals
- Travel Agents
- Attorneys
- Engineers
- Accountants
- Salons
- Business Consultants
- IT Consultants
- Occupational therapists
- Personal trainers
- Property Managers
- Government, municipal and school officials