Maybe you’re thinking, “Doesn’t my company have liability insurance to protect me from these types of situations?” You’re right. But you could be wrong, too. In most cases, if you work for a large company or clinic, it will have its commercial general liability (CGL) coverage in place.
But that only goes so far, and many other issues can show up unannounced that may not be covered. If you don’t have skilled insurance, you may be in for a rude, and expensive, awakening.
In any lawsuit, no matter whether it ends up in court or is settled just outside, it’s going to be expensive. Heck, just asking a lawyer to print something on their fancy letterhead is super-costly. Professional liability insurance is designed to help protect you from what could be a serious financial burden.