Professional liability insurance covers legal costs and settlements for service-related negligence. It's essential for advisors like lawyers and doctors, particularly with high risk of client claims.

A directors and officers liability insurance policy includes three coverages: individual coverage (protects company leaders), corporate reimbursement (reimburses a company for legal fees it pays on ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...

Malpractice insurance, professional liability insurance (also called professional indemnity insurance), and errors and omissions (also called E&O insurance) are closely related. But what should you ...

Business insurance can help protect 1099 contract workers from liability and other risks. Many, or all, of the products featured on this page are from our advertising partners who compensate us when ...

As a former claims handler and fraud investigator, Jason Metz has worked on a multitude of complex and multifaceted claims. The insurance industry can be seemingly opaque, and Jason enjoys breaking ...

An insurance policy that service-related businesses need is professional liability insurance. Learn about what it covers and ...