Family Office Definition: Professional Liability Insurance
Professional Liability Insurance definition: Family members with professional careers, such as doctors and financial advisors, should consider liability insurance to protect their assets from a lawsuit brought on by their clients. Malpractice, negligence, and injuries are examples of professional liabilty coverage.
Download our free Family Office Report to learn more about the family office industry.
Read more Family Office Definitions
Tags: What is professional liability insurance?, professional liability insurance definition, professional liability insurance family office, professional liability insurance term, define professional liability insurance, professional liability insurance wealth management, professional liability insurance multi-family office, professional liability insurance single family office