Professional Liability Insurance (PLI) is generally sold as claims-made coverage—a unique type of time-limited coverage primarily for professionals. Typical examples of PLI coverage include:
•Legal malpractice for attorneys;
•Medical malpractice for physicians;
•Employer Practices Liability Insurance (EPLI);
•Directors and officers (of corporations) liability insurance;
•Media liability insurance;
•Brokers’ errors and omissions insurance; and
•Cyber-liability, technology errors, and omissions insurance coverage (this product is new).