What coverage offers protection against research and development-related liabilities?

Professional Liability Insurance is specifically designed to protect individuals and businesses from claims arising from negligence, errors, or omissions in the provision of professional services. This type of insurance is particularly relevant in fields where expertise and research play significant roles, such as in scientific research and development.

In the context of research and development, there are complexities and potential liabilities that can arise, such as intellectual property disputes, failure to meet industry standards, or unintentional harm resulting from research activities. Professional Liability Insurance addresses these potential exposures, providing coverage for legal costs and damages that may result from a client or third party alleging that a professional's work caused harm.

On the other hand, General Liability Insurance typically covers claims of bodily injury or property damage but does not typically extend to the specialized liabilities associated with professional services. Completed Operation Insurance and Environmental Liability Insurance, while important in their own rights, focus on different specific risks that are not centered on professional service-related errors or omissions. Thus, Professional Liability Insurance is the most appropriate coverage for protecting against research and development-related liabilities.