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Get the Professional Liability Insurance Winnipeg professionals rely on and protect your reputation and finances.
Why Do You Need Professional Liability Insurance in Winnipeg?
Even though it may not be mandatory to have professional liability insurance in Winnipeg, it’s still important to consider this policy.
Professional liability insurance (also known as errors and omissions insurance) protects professionals against client claims alleging financial losses due to services they provide and lawsuits claiming negligence and misconduct. You might be surprised to learn how often malpractice claims are filed. In the medical field alone, over 100,000 medical malpractice claims are filed in Canada each year.
Errors and omissions can help cover your business’ bottom line. The policy usually covers legal costs and damages related to professional services for negligent acts, errors or omissions relating to your services, or the failure to deliver a promised service.