Errors & Omissions Professional Liability Insurance:
|
|
|
|
|
|
|
|
|
|
|
- Technology Service Providers
|
E&O liability insurance, also known as professional liability insurance, protects insureds from losses resulting from allegations of errors, omissions or oversights in the performance of professional services.
While not all professionals are required by law to carry E&O insurance, in a claim-conscious society fueled by media publicity, E&O insurance has become a valuable source of protection. Some examples of E&O claims against a professional are:
|
|
|
|
|
|
- Failure to Provide a Service
|
- Misrepresentation of Facts
|
Even nuisance claims often times require vigorous defense which can be costly. A comprehensive E&O liability insurance policy will cover legal defense expenses while providing a layer of protection for your business assets.
|