Understanding Miscellaneous Professional Liability Insurance
Miscellaneous professional liability (MPL) insurance is highly important to ensure a business remains protected when offering a variety of professional services. To this end, securing an mpl hunter policy can afford a business the protection it needs when faced with allegations of negligence or errors related to those services rendered.
For professions that fall outside the purview of traditional professional liability coverage, an mpl hunter policy can prove highly beneficial. If the service provided by a company incurs a financial loss for an associated entity, that company can be held accountable for such losses. This can result in exorbitant court fees and other expenses if such allegations are found to have merit.
What Sort of Professions Require MPL Insurance?
Virtually every business that provides professional service to consumers should have a professional liability policy in place. While such policies are typically associated with doctors and lawyers, many other professions can also make use of these policies. These include:
- Travel Agents
- Process Servers
- Interior Decorators/Designers
- Facility Managers
- Collection Agents
Insurance Solutions Tailored to Your Profession
No matter the profession in question, having a reliable professional liability policy in place is vital to continued success for your company. Without the protections offered by mpl hunter coverage, a business may experience a dire financial outcome resulting from a single incident.