Errors And Omissions Insurance
Errors and Omissions (E&O) Insurance, also known as professional liability insurance, is a type of insurance designed to protect professionals and businesses from claims arising from negligent acts, errors, or omissions in the services they provide. This coverage is particularly important for service-based industries, where the potential for mistakes can lead to significant financial losses for clients.
Professional liability insurance, sometimes referred to as errors and omissions (E&O) insurance, is a kind of insurance intended to shield companies and professionals against lawsuits stemming from careless actions, mistakes, or omissions in the services they offer. For service-based businesses, where errors could result in large financial losses for customers, this coverage is especially crucial.
