When you are a professional and you are good at what you do, it is likely that your services will be highly sought after by people seeking to acquire your professional services.  A profession is a form of business as you are self-employed and earn from the services you provide.  Professionals are most often experts and specialists on their chosen trade and their knowledge over their chosen professional career often proves to be an invaluable asset for them.  Through the knowledge they have acquired through studies, trainings, internship, clerkship, seminars, and professional conferences, they are able to acquire extensive knowledge that they can expertly use for their chosen trade or profession.

As a professional, you may think that you always provide clients the best service that your abilities can muster.  However, there is no way of telling when you will make a mistake that is not intentional on your part – a human error that no one, whosoever, would want such a thing to even happen.  Sadly, human error is a fact of life and it does happen when you are caught inattentive to what you are doing.

When professionals make mistakes, some clients often resort to suing them for the damages that have been inflicted unto them.  Financial losses, injury, damage to property, and trauma are just some of the cases that befall the aggrieved from any mistakes made on the professional’s part.

Liability is a common thing that professionals are exposed to when they practice their trade.  As a method of getting over the costly expense of lawsuits, it becomes a good idea for professionals to invest in professional liability insurance.  This type of insurance is aimed in protecting professional individuals and their best interest.  It does this by providing them with assistance over the expenses of legal proceedings should they get sued by unsatisfied or aggrieved clients.  When a lawsuit is filed against you over your business profession with regards to a service that is deemed as below satisfactory or due to mistakes or negligence done on your part, the insurance will assist you with the expenses of your legal defense.  In fact, if you do not have any lawyer to act on your defense, your insurer will even provide you with one.