Professional Liability

Professional Liability
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Professional liability insurance (PLI), also referred to as professional indemnity insurance (PII) or errors & omissions (E&O), is a type of liability insurance often used by businesses to prevent having to bear the full cost associated with a negligence claim. Unlike general liability insurance which covers a variety of mishaps like third party injuries, professional liability insurance is a policy for professionals who make a living off their expertise. This generally includes people like lawyers, doctors, architects, engineers, IT consultants, and similar positions.