What are the benefits of carrying professional liability insurance?

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How does professional liability law protect a professional from potential claims?
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Are there any statutes of limitations that apply to professional negligence claims?
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Is a professional liable for damages resulting from their own acts of professional negligence?
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When is a professional held liable for damages resulting from a breach of professional liability law?
What is the definition of a professional negligence claim?
What is the purpose of professional liability insurance?

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