Does Specialty Professional Liability Insurance Cover Lawyers? In this informative video, we will clarify the essentials of specialty professional liability insurance for lawyers and law firms. Understanding this type of insurance is important for anyone in the legal profession, as it provides protection against claims of negligence, mistakes, or malpractice. We’ll discuss how this insurance is specifically designed to meet the needs of legal professionals, covering various scenarios that can arise during the practice of law.
Additionally, we will cover the different types of lawyers who can benefit from this insurance, including full-time, part-time, and solo practitioners. You will learn about the coverage extensions that many policies offer, such as supplemental payments for trial time, disciplinary proceedings coverage, and subpoena assistance.
Furthermore, we will provide insights into the financial aspects of these policies, including coverage limits available from various insurers. This information can be crucial for legal professionals looking to safeguard their practice and reputation.
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