Medical malpractice, agents and brokers errors and omissions, and directors and officers liability are examples of what type of liability insurance?

• A. Professional Liability
• B. General Liability
• C. Auto Liability
• D. Cyber Liability

Answer: (A)

Professional liability insurance covers claims that arise from performing professional services and from mistakes or negligence in those duties. Medical malpractice is the classic example because it involves harm caused by a healthcare professional’s failure to meet the standard of care. Agents and brokers errors and omissions coverage protects professionals who advise on or sell insurance from claims of errors, omissions, or misrepresentation in their professional duties. Directors and officers liability covers claims alleging wrongful acts in the management of a company, such as breaches of fiduciary duty or errors in decision-making. These are all about the risks that come from performing professional services, not the everyday business risks like bodily injury or property damage, which are handled by general liability. Therefore, they fall under professional liability insurance.