What Doesn’t Professional Liability Cover?
Professional liability may exclude intentional wrongdoing, known claims, and some non-financial or contract-based costs; the policy form defines the exclusions.
The III describes professional liability as covering claims for financial loss arising from professional services, while its guidance identifies intentional and non-financial losses as limits.
Read the exclusions for dishonest acts, prior knowledge, contract duties, refunds, and fees in the actual form. Check the damages definition and defense terms before relying on the policy for a client dispute.
Coverage Guides Related to Professional Liability, E&O and Tech E&O
Sources for Professional Liability, E&O and Tech E&O Answers
- Professional liability insurance. Insurance Information Institute; Opening paragraphs (professional services/advice and E&O name); Claims not covered by general liability; What types of businesses need professional liability insurance?; What’s covered… and what’s not (claims-made versus occurrence, defense and judgments, non-financial/intentional limits, BOP/in-home exclusion). Accessed 2026-09-25.
- Professional Liability – US Direct Errors and Omissions Insurance. Hiscox Inc. specimen; About this Policy / Coverage for Claims Made Against You; I.A Insuring Agreement; I.B Defense; I.C Settlement; II.A Notice of Claims; II.C Optional Extended Reporting Period; III.A, III.K, III.M, III.R, III.S Exclusions; IV.A–B Limits and Deductible; VI.O Professional Services; VI.U Wrongful Act. Accessed 2026-09-25.