As a business professional, you’re responsible for the knowledge, expertise and services you provide to clients. As a result, clients can take legal action against you and your company when they ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Most small businesses are not protected against the cost of ...

Businesses that provide services for a fee should have professional liability insurance. Many, or all, of the products featured on this page are from our advertising partners who compensate us when ...

General and professional liability insurance protect against different business risks. You may need both. Many, or all, of the products featured on this page are from our advertising partners who ...

Professional liability insurance is important to physicians for various reasons. Its primary purpose is to fund the costs to defend claims alleging professional negligence and to fund the payment of ...

Ashlee is an insurance editor, journalist and business professional with an MBA and more than 17 years of hands-on experience in both business and personal finance. She is passionate about empowering ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Timothy Li is a consultant, accountant, and finance manager with an MBA from USC and over 15 ...

Professional liability insurance covers legal costs and settlements for service-related negligence. It's essential for advisors like lawyers and doctors, particularly with high risk of client claims.

Professional liability insurance for consultants is a type of business insurance that protects consultants from the risks of providing professional services to clients. Unlike advisers who may work ...