Professional Liability Insurance (Glossary Word)

 
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Professional Liability Insurance

A type of specialty insurance to cover liability arising from professional pursuits. Any service provider who is expected to have unique or in-depth technical knowledge is a candidate for this kind of protection. Professional services run a broad range from medicine, law, architecture, engineering, teaching, and technology. Professional liability protection is not provided by general business liability insurance, homeowner insurance policies or home business policies.


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