Problem: As a chemical engineer, you help a small beauty store create a new anti-aging moisturizer for sensitive skin. Once it hit the shelves, many loyal shoppers purchased it. Unfortunately, several people have bad reactions to it, which inevitably created the need to recall the product.
Outcome: The beauty store owner sues you for your failure to produce a safe and effective anti-aging moisturizer. Your Professional Liability coverage could cover the legal fees, product expenses, and medical costs of customers, totalling $50,000.