Professional liability insurance and general liability insurance

The main purpose of insurance is to protect a business or a person from the risk of theft or natural disaster. General liability insurance takes care of these risks whereas the professional liability insurance is targeted towards specific professional fields.
Professional liability insurance and general liability insurance is very much the same but at the same time very different. The basic difference between the two puts them in separate categories. Knowing these differences is important for a businessperson to choose the suitable insurance scheme for the business.
General liability insurance adheres to the claims of property damage or bodily injury liability. General liability insurance covers environmental impact, injury and casualty. Whereas, professional liability insurance addresses the negligence, which is, associated with professional services that is financial and not physical.
Professional liability insurance is important as it address the indirect impact caused by conduct. Professionals need to be careful while performing their duties. Therefore, it is very important to have proper general liability and personal liability insurance to protect the business from any financial damages.