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What is professional liability insurance?



In Connecticut, entrepreneurs are as important as civil servants. These owners, regardless of the size of their business, help the local community in addition to contributing to the economic well-being of the country as a whole. As many may know, owning and running a business is not easy. It is a task that requires hard work, dedication, time and heart. Entrepreneurs are people who risk losing something every day in the hope of achieving something great. In addition, the job is not without shortcomings, especially with regard to the risks. One of these primary risks is professional liability.

At Paradiso Insurance, we want you and your livelihood to be safe at all times. Here we describe what professional responsibility is, what it covers and why you would need it.

What is professional responsibility?

Professional liability takes effect with the risk that someone will be sued for causing harm to another person as a result. of their work. Note that it can only be invoked if the injury occurs due to a person's work.

Simply put, the insurance that covers fees and claims for professional liability is called professional liability insurance. For example, if you or someone on your team causes a customer or client to lose capital or damage due to your own errors and omissions, you may be liable for this type of claim and your insurance will cover those claims. Thus, if you make a mistake ̵

1; unknowingly during your business and are sued for it, your professional liability insurance will have your back.

What does it cover? , information pants, work-related illnesses and injuries. It will only cover negligence, misrepresentation and incorrect advice for part of your business.

You see, this kind of statement can cost a lot. Therefore, in order to save your business and keep it running smoothly, you need to have liability insurance so that you do not face a huge loss in the wake of any unfortunate or actual claim.

For example, say you practice medicine and by mistake or employee neglect you perform some form of malpractice in the field. In such a case, your client / patient can sue you for the results and thus you will be ordered to pay the damages. Quite often, healthcare professionals do their work under the not insignificant threat of suing for alleged medical malpractice, which is defined as an act or omission by a physician where they provide treatment that falls below the standard of care, leading to injury or patient death. In such a case, your liability insurance will cover for you.

Where can you get your professional liability insurance from?

Well, from Paradiso insurance, of course! Our insurance agencies are a perfect example of a quality agency that creates excellent relationships with its customers in addition to providing some of the best services. At Paradiso Insurance, our agents care about your business and your success and want you to succeed in the friendliest environments.

Get your professional liability plans today! Visit us or call us. We are always here for you.


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