Is professional liability insurance required for any profession?

In Florida, professional liability insurance is not required for all professions. However, it is strongly recommended and in some cases, legally required in certain professions. This type of insurance protects professionals from financial loss due to negligence or errors in the practice of their professional services, such as medical care, legal advice, or accounting advice. In Florida, professions that are typically required to carry professional liability insurance include lawyers, medical professionals, accountants, engineers, and real estate brokers. Even professions that do not typically require professional liability insurance may need to carry it under certain circumstances. For example, if a professional is practicing abroad and the country in which they are practicing requires it, they may need to carry professional liability insurance. In addition to providing protection from monetary loss, professional liability insurance also provides valuable legal protection in the event of a malpractice suit. In such cases, the insurance provider may offer the professional legal representation and advice during the process. In conclusion, although professional liability insurance is not required in all professions in Florida, it is highly recommended, and can provide financial and legal support in the event of errors or negligence in the performance of professional services.

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Is professional liability insurance required for any profession?

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