Article: Lawyer Professional Liability Insurance
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Lawyer Professional Liability Insurance
Under a Lawyer Professional liability insurance, the insurer is obligated to pay the legal costs of a business in a covered liability claim or lawsuit. Covered liability claims include bodily injury, property damage, personal injury and advertising injury (damage from slander or false advertising). The insurance company also covers compensatory and general damages. Punitive damages aren't covered under Lawyer Professional liability insurance policies because they are considered punishment for intentional acts.
In today's litigious society, even small accidents can result in large lawsuits. That's why lawyer professional liability insurance, along with property and worker's compensation insurance is essential for business whether small or large. Lawyer Professional liability...
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