Life Trials: How Insurance Protects You In Times Of Trouble

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3 Useful Tips for Consulting Firms When Buying Professional Indemnity Insurance

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Consultants such as accountants, lawyers and financial advisers offer services in exchange for fees. However, during such a transaction, another party might suffer losses or damages be it financially, emotionally or their reputation.  In this sense, a legal liability will arise due to the alleged consultant’s error of omission or acts of negligence when rendering such a service. Also, failure to provide a service as may have been agreed between a consultant and another party, can form a ground for legal liability. Read More»