Mississippi Adjuster License Practice Exam 2025 – Your All-in-One Guide to Exam Success!

Professional Liability coverage is specifically designed to protect individuals and businesses from claims arising due to errors or omissions in the provision of professional services. When a professional, such as a doctor, lawyer, accountant, or consultant, makes a mistake while delivering their services that results in injury to a client, this type of insurance offers financial protection. This can include legal defense costs, settlements, or judgments against the professional for damages resulting from their professional conduct.

In contrast, Product Liability applies to cases where a defective product causes harm to a consumer, which does not pertain to services rendered. General Liability covers basic risks related to business premises and operations, such as slips and falls, but does not address issues related to professional services. Commercial Auto Liability pertains to damages and injuries caused while using a vehicle for business purposes and is unrelated to the context of professional services. Thus, Professional Liability is the correct coverage involved when a service is provided incorrectly leading to client injury.