Understand how professional liability insurance protects service businesses from negligence claims.
Professional Liability (E&O) Insurance
Professional liability insurance, also known as errors and omissions (E&O) insurance, protects service-based businesses against claims of negligence, mistakes, or failure to deliver promised services.
Who Needs Professional Liability?
Consultants, accountants, attorneys, IT professionals, healthcare providers, and other service businesses are especially vulnerable to professional liability claims.
Key Benefits
Coverage includes defense costs even for frivolous lawsuits, settlements and judgments, and protection for past work through retroactive coverage options.