Ai Errors and Omissions Insurance is a leading provider of Errors and Omissions Insurance, also known as Professional Liability Insurance, for a variety of Canadian businesses.
Professional Liability insurance is also known as Professional Indemnity Insurance or Malpractice Insurance. It is a policy that protects professionals like engineers from severe financial loss that arises from claims.
In the event of a claim, the client can take legal action against you due to the negligence performed during your professional duties.
Professional Liability insurance will help safeguard your business and cover the number of compensatory damages and legal costs.
Yes. If a client thinks that the work provided is faulty in any way they can attempt to sue you. Without proper protection in place, you are at risk of facing financial and reputational loss as an engineer.
Some common claims that Engineers face are:
Note: Coverages can be adjusted based on individual needs.
As there are many different types of engineers we will work to provide a coverage best suited for you.
Ai's Professional Liability brokers will help tailor an insurance policy just for you in an affordable and effective way.
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