Freelancer Insurance - Canada


Freelancer Insurance - Canada

Recent highlights:

1. Professional Liability Insurance: Also known as Errors and Omissions (E&O) Insurance, this coverage protects against claims alleging negligence, misconduct, or failure to deliver a service as promised.

2. Product Liability Insurance: If you sell, manufacture, or distribute items, product liability insurance is critical to have.

3. Generally speaking, insurance for freelancers starts from  $350 to $500 per year for a professional liability insurance policy with a $1M limit.

4. Outcome: Your product liability insurance could cover the legal and medical fees of the claim, totalling $10,000

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More: https://biyro.com/blog/freelance/freelancer-insurance-canada/

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