What are the benefits of carrying professional liability insurance?

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What is the difference between a breach of contract and a breach of professional liability law?
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Are there any special considerations for professions that require professional liability insurance?
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How can a professional protect themselves from professional negligence claims?
How do professional liability laws differ from other types of liability laws?
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When is a professional liable for damages resulting from professional negligence?
Are there any differences in the application of professional liability law across different jurisdictions?
What is the purpose of professional liability law?

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