INSURANCE BY ALLIED BROKERS

In today's world, suing for professional damages is not only fashionable but has almost reached the level of an art form. Any individual who renders advisory or professional services runs the risk of being sued by clients. The same applies to a business entity that provides a professional service or manufactures a product or products for sale. Two insurance policies, Professional Liability Insurance or E&OE insurance are designed specifically for such professionals and commercial enterprises who are at sustained risk of civil litigation from clients. The results of such litigation could often end in devastating financial loss that could cripple the accused. In such a hostile environment a professional practitioner or entity is often defenseless. It is then vitally essential that such persons or institutions be covered by professional liability insurance... Many professional practitioners protect themselves with general liability insurance which they believe offers adequate protection...

Primary location: Menlo Park United States