BusinessProfessional liability
Business insurance
Professional liability
Covers claims that your advice, service, or work caused someone a financial or physical loss.
In plainEnglish
General liability pays when you drop something on a customer. Professional liability — errors and omissions, or malpractice for healthcare professions — pays when your professional judgment is questioned. For many licensed professions it is required, and for some it is available through specialty programs built for that profession.
Specialty program · comingProfessional liability for healthcare and wellness professionalsA specialty market built for licensed healthcare and wellness professions, with malpractice and license-defense coverage that general business policies leave out.Professional liability for eligible healthcare professions is placed through a specialty program. The Insurance Collective’s operating agency is compensated by the program’s carrier when a policy is issued.
Covers
- Negligence, errors, and omissions in your professional work
- Legal defense, often the largest cost
- License defense in some programs
Doesn’t cover
- Bodily injury from slips and falls
- Intentional wrongdoing
- Work outside the covered profession
Who needs it
- Consultants, designers, and advisors
- Healthcare and wellness professionals
- Anyone whose contract requires E&O
Related
When itcomes up
Situations & professions
Where professional liability shows up in real life.
Nextstep
Ready to see professional liability options?
A few questions, your ZIP, and we’ll show you which market fits before you give us a phone number.