Professional Liability

 Professional Liability Insurance is needed whether you employ hundreds
of consultants, work out of a home office, or simlpy provide IT services. Also known as Error and Omissions Insurance or Malpractice Insurance, professional liability insurance protects you and your business from a litigation caused by negligence or failure to perform your professional duties. This could include the loss of client data, software or system failure, claims of non-performance, or just negligent. 

Suggested things to look for in Professional Liability Insurance:

• Coverage that includes legal defense costs
• Coverage that extends to both W2 employees and 1099 subcontractors
• Optional coverage for allegations of copyright infringement and intellectual property infringement
• Personal injury coverage
• Worldwide coverage if the suit is brought in the United States