Professional Liability Insurance

Professional liability insurance, like all insurance policies, has limitations and exclusions. While the specific terms and conditions may vary depending on the policy, here are some common exclusions:

1. Intentional acts: Professional liability insurance generally does not cover claims arising from intentional acts, such as fraud or criminal activity.
2. Property damage: Professional liability insurance typically does not cover claims for property damage, which may be covered by a separate general liability insurance policy.
3. Employment-related claims: Claims arising from employment disputes, such as discrimination or harassment, are typically not covered by professional liability insurance. This type of coverage is usually provided by an employment practices liability policy.
4. Bodily injury: Professional liability insurance typically does not cover claims for bodily injury, which may be covered by a separate commercial general liability policy.
5. Contract disputes: Professional liability insurance may not cover claims arising from contract disputes, which may be covered by a separate contract liability policy.
6. Cyber crime or data breaches: Generally, Professional liability policies do not cover cyber crime or data breaches, which may require separate cyber insurance policies.

It’s important to review the policy exclusions carefully to understand what is and isn’t covered. If there are gaps in coverage, additional insurance policies may be necessary to fully protect the business and its assets.