AE Blog - Know Your Professional Liability Policy Exclusions
John Lowe, Jr., P.E can think of no reason why every Project Manager should not have a copy of at least the “exclusions” section of the professional liability policy. Without access to the exclusions, the Project Manager or other team members may inadvertently offer to provide or actually provide services that are excluded from the coverage.
Activities that are typically excluded from professional liability policies include the following:
- Claims based on the insured having provided express warranties, guarantees, assurances, etc. that are beyond the “standard of care”
- Claims resulting from the manufacture or distribution of products
- Claims based on personnel matters such as discrimination, harassment, wrongful dismissal, employee benefits, etc.
- Claims based on construction performed by the insured
- Claims based on damage to property owned, rented by, or under the control of the insured
- Claims related to nuclear energy
There are many other “exclusions” that are not mentioned above. Be sure to be aware of the exclusions that are listed in your policy.