How would your business respond — and can it survive — if a severe mistake that could cost a customer tens of thousands of dollars was made? Or, even more frustrating, what if a customer blames — and sues — your professional services firm for losses when you’re not at fault?
Professional Liability insurance is designed to protect your business against claims that professional advice or services you've provided caused a customer financial harm due to actual or alleged mistakes or a failure to perform a service.
In responding to a civil claim made by your customer, professional liability coverage can help your business:
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Disclaimer - The content of the above article is not intended to constitute professional advice. Although all content is believed to be accurate, Chubb Insurance Singapore Limited (Chubb) makes no warranty or guarantee about the accuracy, completeness, or adequacy of the content of this article. Users relying on any content do so at their own risk.
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