Why is professional liability insurance required for health professionals?

Professional liability insurance is required for health professionals primarily to legally protect them while providing treatment services. This type of insurance offers coverage against claims of negligence, malpractice, or any other legal actions that might arise from the professional's actions or decisions while performing their duties. It ensures that health professionals can defend themselves against lawsuits without facing crippling financial consequences from legal fees or settlements, thereby allowing them to focus on delivering quality care to their patients.

In not having this insurance, health professionals may risk personal financial loss and potential damage to their careers or professional standing, as they would be solely responsible for any legal claims brought against them. Therefore, having this insurance is essential in providing a safety net that allows professionals to operate confidently and securely within their roles.