What Miscellaneous Professional Liability Insurance Covers


For most professional service companies, having the right insurance coverage is imperative in order to protect assets. Miscellaneous professional liability (MPL) insurance is important for those who need to protect against errors and omissions. If you are a MPL hunter, there are certain things that you should look for to make sure your firm is protected. Every type of insured has unique and specific needs, which is why E & O solutions can be customized for each one. There are standard types of coverage as well as extended types, depending on what your needs are.

Standard Coverage

For many companies, standard miscellaneous professional liability insurance is sufficient for their requirements. One of the most popular types of coverage is punitive damages, which covers special and highly exceptional monetary compensation in the event of a trial or settlement. Other standard coverages include independent contractors coverage, innocent insured coverage, early claim resolution incentive, personal injury, defense for discrimination, and defense for fraud and intentional acts.

Coverage Extensions

Certain industries require additional coverage beyond what a standard policy supplies. If you are this type of MPL hunter, ask about the following types of coverage:

  • media liability coverage
  • privacy/network security coverage
  • subpoena expense
  • worldwide coverage endorsement
  • split limits of liability
  • contingent bodily injury/property damage
  • additional insureds coverage
  • broad-form personal injury
  • aggregate deductible and per claim options