1 / 6

Professional Liability Insurance Managing clients

Each and every day most of the professionals are expose to risks that they require a special coverage. Majority of the claims against the professionals has one thing in common that is a disturbed or an upset client.

terrycduran
Download Presentation

Professional Liability Insurance Managing clients

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Professionals Liability Insurance Managing clientsExpectations to Avoid Unnecessary Claims http://www.californiabusinessliability.com/professionalliability- insurance/

  2. Professionals Liability Insurance Managing clientsExpectations to Avoid Unnecessary Claims Each and every day most of the professionals are expose to risks that they require a special coverage. Majority of the claims against the professionals has one thing in common that is a disturbed or an upset client. Clients file the claims against these professionals and each of these claims does not meet up client expectations. In most of the cases, client has a right to get upset, with an errors and omissions or negligence done by the professionals, for this reason you have professional liability insurance.

  3. Professionals Liability Insurance Managing clientsExpectations to Avoid Unnecessary Claims In many cases, clients expect too much from the professionals, hence any minor delay or errors done by the professional’s leads to filing a claim against a professional. By managing client expectations is solution to avoid these unnecessary confrontations, stress and claims. Sophisticated clients are conscious of the ups and downs of the work or projects taken by the professionals like architect or engineers. One of the first concepts is to make the client get familiar with the projects undertaken by the professionals.

  4. Professionals Liability Insurance Managing clientsExpectations to Avoid Unnecessary Claims However not only the community demands and expectations changing in respect of compensations for the professionals negligence, the nature of professionals practice in many areas is changing and also requires revisiting the extent to which liability insurance is taken. This issue of liability to the client becomes particularly overcast where the lawyer provides information to the client in return for fee and the client accesses the information and applies it to the legal problem for themselves.

  5. Professionals Liability Insurance Managing clientsExpectations to Avoid Unnecessary Claims In most of the point professional liability insurance is intended to protect the professionals, yet the professionals has in some professionals been mandated by legislation that has raised the public expectations in dealing with professionals as a result of their negligence will be compensated. There is also a growing problem for certain types of professional insurance becoming unaffordable with the premium levels commensurable with the professional liability of these professionals.

  6. Professionals Liability Insurance Managing clientsExpectations to Avoid Unnecessary Claims Although the professional Liability Insurance covers multitude of lawful claims that fall outside the aforementioned categories. For most of the professionals this type of insurance coverage may protect against many subjective claims. But this type of insurance is not necessary in some of the states , however sometimes it should be seriously considered due to the reason that most of the professionals may face a great deal of risk. For more details , visit http://www.californiabusinessliability.com/professionalliability- insurance/

More Related