Navigating the complex world of consulting requires foresight and preparedness. A crucial element often overlooked is professional liability insurance. This insurance acts as a critical safety net, protecting consultants from the potentially devastating financial and legal repercussions of errors or omissions in their professional services. Understanding the nuances of this coverage is paramount for consultants aiming to build sustainable and secure careers. This guide delves into the intricacies of professional liability insurance, exploring its various types, coverage specifics, and the critical role it plays in mitigating risk. We’ll examine who needs this insurance, how to obtain it, and what Read More …
