05 June, 2020

Quora Answer: What Kind of Insurance is Needed by Attorneys?

The following is my answer to a Quora question: “What kind of insurance is needed by attorneys?

A lawyer needs professional indemnity insurance to cover malpractice and lawsuits.  This is normally a stipulation for maintaining the license to practice.  This is in addition to the insurance required for running a business, and to protect yourself from liability.  This may include group health policies.  If your company has more than one partner or director, then you need to consider business succession planning, which also involves different types of insurance.



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