Difference between Professional Liability and General Liability
What is Professional Liability?
Professional liability protects your clients if they’re sued for negligently performing their services, even if they haven’t made a mistake. It covers more complex risks in the services you provide to customers. Professional liability is vital because it protects your clients if they’re sued for negligently performing their services, even if they haven’t made a mistake. Coverage also includes defense costs associated with any lawsuit.
Professional liability will cover:
- Claims for libel and slander arising from your client’s services
- Claims of negligence, even f your client hasn’t made a mistake
- Services done by your client’s employees, temporary staff and independent contractors covered
- Punitive damages up to $250,000 where allowed by law
- Automatic Blanket AI included for free (Blanket AI coverage ends once an operation is completed or a lease agreement ends)
What is General Liability?
General liability insurance is significant because it is coverage that can protect you from a variety of claims including bodily injury, property damage, personal injury and others that can arise from your business operations.
General liability will cover:
- Covers liability for property damage or bodily injury to third parties
- Covers employees and temporary staff
- Defense costs outside limit
- Automatic Blanket AI included for free (Blanket AI coverage ends once an operation is completed or a lease agreement ends)
Combine both General Liability and Professional Liability to get superior coverage.