Professional Liability / Malpractice
Professional Liability Insurance (PLI) is a form of liability insurance that businesses need to help protect professionals practicing in the service industry or as consultants across a variety of fields. This type of coverage keeps your assets and professional reputation safe in the event that a claim of negligence is filed against your service business or you personally as a contractor.
Lawsuits and settlements can be very damaging to both growing and established business. If the claim results in monetary damages, it can be catastrophic and has the potential to ruin your business and reputation.
Professional Liability can take on different forms or names. Some of the types of coverage included are:
- Cyber Liability
- Foreign Liability
- Liquor Liability
- Pollution Liability
- Errors & Omissions
Malpractice insurance is a specific type of professional liability insurance that is most often purchased by healthcare professionals, though occasionally other professionals, such as lawyers in a general partnership, may opt for malpractice coverage. This coverage protects providers against patients (or clients) who file suit against them. Typically, complaints are related to harm (real or perceived) that they experienced as a result of a practitioner’s negligence or poor decisions.
Protecting Businesses in Acworth, Georgia
Professional Liability Insurance covers potential losses that are not typically covered with a general liability policy. Some of the types of businesses and professionals that we help include:
- Insurance Agents
- Medical Professionals
At GracePoint Insurance we have the experience and expertise necessary to help you evaluate the risks associated with your service or consultative related business in Georgia and we can give you the guidance you need to find a plan that provides appropriate coverage through one of our highly rated insurance companies.
Give us a call today and let one of our experience agents evaluate the liability risks unique to your business or profession at 678-224-9333.