Preferred Rates for ACCT

Professional counselling services are evolving

As a professional counsellor, it is important to you to take care of the emotional and mental health of your patients, but what about taking care of your reputation and your career? As a licensed counsellor, you can be sued even if you have done nothing wrong, and the costs just to defend yourself can be staggering. Professional liability insurance for psychologists will protect you in the event of allegations of wrongdoing. Our job is to provide coverage options to help mitigate your financial risk should you be named in a lawsuit, so you can focus on helping your patients.

Here are a few things to consider

• In every industry, mistakes do happen. When things get heated, as a result of a mistake you’ve made while conducting your business, you may have to defend yourself by hiring a legal service that costs a minimum of $350 per hour. With Professional Liability Insurance, your policy defends you against covered losses, including any legal costs.
• Whether you’re conducting your business under your personal name, a trade name, or an incorporated legal entity, you can be held personally liable for financial damages, bodily injuries, or property damages you may cause to a third party. This financial strain will inevitably cripple your business if you don’t have the right insurance in place.
• Securing appropriate insurance that can protect your business practice elevates your credibility and provides reassurance to potential clients and business partners. Without insurance, you may be at a disadvantage compared to your peers when it comes to securing work.