Standard of Care

Standard of Care Standard of care refers to a professional's duty to act reasonably and provide quality services. If you fall short of the standard of care, a client usually has the right to sue. In many industries, the standard of care is commonly determined by the action or inaction a reasonable, professional person with similar training would take in a similar situation under similar conditions. The standard of care can vary drastically across industries and professions. In some cases, a professional organization defines the standard. Other times, it’s determined by the typical behavior of professionals in the industry. Either way, having specialized knowledge and training usually means a higher professional liability standard of care. In essence, the standard of care is a legal benchmark that helps determine whether someone has acted responsibly and with due care. It's a crucial concept in many areas of law, including tort law, contract law, land professional liability #benewinsurance #insurtech #inclusiveinsurance #insurance #reinsurance #takaful