Professional Liability Insurance (Errors & Omissions)

Professional liability insurance (E&O) is a form of business insurance that is designed to protect against liability resulting from an error or omission (real or alleged) while providing a professional service. A customer could sue you because you provided incorrect advice, or perhaps you didn't do something that you should have, in the course of providing a professional service. A professional liability insurance policy would respond to defend the claim as well as pay for settlements or judgments.

Coverage features can include:

Protection against claims resulting from wrongful acts
Worldwide coverage extension
Extended reporting period
Damages coverage up to policy limits
Costs to defend