For being innovative, hard-working and a team player, employers are expected to compensate workers handsomely for contributions, but it is very possible that something important can be overlooked. In addition to pay and benefits, working professionals in various fields are often covered by insurance from employers in the event that there is any type of disagreement that can lead to litigation, but it is possible that this insurance caters more to the protection of the company versus the employee. This is when professional liability insurance is something that must be considered.
Workers That can Benefit From Their Own Insurance
Because insurance comes at an additional cost, workers may often question how necessary it is to purchase it. Here are just a few examples of how professional liability insurance can protect employees in different fields
NSO Liability Insurance: Protects nurses
Educator Liability Insurance: Covers teachers, administrators and other school workers
Miscellaneous Professional Liability: For self-employed individuals, individual contractors, freelancers or other types of workers
What Professional Liability Insurance Covers
It can be argued that insurance is a must in a country that is especially litigious. Whether NSO liability insurance is covering a nurse falsely accused of malpractice, or a general plan is protecting a handyman accused of making a faulty home repair, having professional liability insurance can help in a variety of professions. It is invaluable regardless of whether the claims are justified or not, since time and money must be spent to remedy the situation.