Understanding Your Professional Liability Policy
Insurance clauses and terminology are often difficult to decipher and create challenges for design professionals to understand the differentiating features between different carriers’ policy forms. Many design firms purchase their professional liability policy hoping they’ll never have to use it, but are mystified by how the policy actually functions and unaware of the values that a well-designed risk management program can provide even if a firm never experiences a claim. The goal of this webinar is to educate design professionals on how their policy functions so they can better protect their livelihoods and make more informed decisions about which coverage to purchase.
Attendees of this webinar will obtain the following learning objectives:
- Explain terminology commonly found in professional liability policy forms
- Explain important clauses found in professional liability policies and how they can affect coverage in the event of a claim
- Identify key differentiators between policy forms
- Empower firms to make informed purchasing decisions at renewal time