Professional Liability Insurance (PLI) is not legally mandatory for freelancers in most cases, but it is highly recommended. While certain industries, such as healthcare or law, may require professionals to carry insurance, many other freelance fields, including writing, design, and consulting, do not have a legal obligation for coverage. However, having PLI can protect freelancers from lawsuits or claims related to negligence, errors, or omissions in the services they provide. This coverage can be particularly important when working with high-profile clients or contracts that demand proof of insurance. Additionally, some clients or employers may require freelancers to have PLI before entering into a contract, making it a necessary business practice in some instances. Ultimately, while not mandatory, Professional Liability Insurance helps freelancers mitigate financial risks and maintain credibility.
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