Professional liability insurance is really not just about negligence/by Miri Levhar - published on the CivilEng website

By: Miri LaherPublished on CiviEng

One of the most common trends regarding professional liability insurance for those in planning and engineering professions is that it is purchased only in response to contractual requirements. The decision or consideration to obtain a professional liability policy often occurs only at an advanced stage of the tender process, sometimes even after preliminary agreements have been made.

The engineer, architect, or practical engineer presents a contractual requirement that may appear excessive or unreasonable, at a time when there is already concern about the financial ability (or willingness) to meet that requirement.

However, insurance and professional liability serve as a safety net that goes far beyond contractual obligations. Why?

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