Professional Liability insurance or Errors and Omissions Cover is an insurance policy that protects the insured business or individual who offers services to their clients. This insurance policy covers the organization or individual from claims made against them, allegations of negligence, or breach of duty arising due to any errors or omissions while performing a professional service. A Professional Indemnity Insurance covers the following categories: Civil liabilities claims Bodily injury and property damage claims Legal Costs and expenses Public Relations expenses Estates and legal representatives However, the limits of a cover are dependent on the Professional Indemnity Insurance Cost and policy that you avail, along with various other factors which will be discussed here. Industries That Generally avail PI Insurance Traditionally, Professional Indemnity insurance was only seen as a necessity for occupations such as doctors, lawyers, and account...