Professional Liability (E+O)

Professional Liability insurance, a.k.a Errors and Omissions (E&O) , is a type of coverage designed to protect professionals and their businesses from claims of inadequate work, negligence, or failure to perform professional duties. 

This insurance is essential for professionals who provide services or advice to clients, such as doctors, lawyers, consultants, and financial advisors.

Professional liability insurance typically covers legal costs and damages awarded in a lawsuit, up to the policy's limits. It can also cover the cost of settlements and judgments, as well as the cost of defending against a claim, even if the claim is unfounded.