What’s covered by professional liability insurance for new media consultants in Saskatoon?
Professional liability insurance covers legal expenses if a new media contractor is sued for causing financial loss to a third party as a result of their professional service or advice. This includes defence costs, settlements, and judgement awards.
We offer three limits: $1,000,000; $2,000,000; and $5,000,000. Choose the limit that fits your individual needs. You should consider the likelihood of a lawsuit (and its average cost in your industry), your annual revenue, the number of clients you have and the value of the projects you work on.