Advice and specialized services create exposure that general liability policies do not cover. Professional liability insurance responds to claims arising from errors, omissions, or negligence in the performance of professional duties. It is essential for practitioners whose work product is primarily intellectual or advisory.

Lawyers, accountants, architects, engineers, physicians, and many consultants buy professional liability coverage. Policies are usually claims-made and require careful attention to retroactive dates and reporting. Defense costs can be significant and may erode the limit if not provided in addition.

Applications demand detailed disclosure of services, contracts, and prior claims. Risk-management practices such as engagement letters and peer review can improve terms. Clients increasingly require evidence of professional liability insurance before awarding work, making the coverage a practical condition of doing business.

• Coverage for negligence in professional services
• Claims-made forms are standard
• Critical for advisory and technical occupations
• Often required by clients as a contract condition