What Does Employed Lawyers Professional Liability Insurance Mean?

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What does Employed Lawyers Professional Liability Insurance mean? Read on to discover the definition & meaning of the term Employed Lawyers Professional Liability Insurance - to help you better understand the language used in insurance policies.

Employed Lawyers Professional Liability Insurance

Employed Lawyers Professional Liability Insurance

Professional liability insurance covering lawyers who are employed by corporations rather than law firms, or those operating as sole practitioners. The need for such policies arises from the fact that both commercial general liability (CGL) and directors and officers (D&O) liability policies generally exclude coverage for the acts of professionals, including attorneys who work for corporations.

We hope the you have a better understanding of the meaning of Employed Lawyers Professional Liability Insurance.

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