What is professional liability insurance?

Also known as errors and omissions (E&O) insurance, it protects businesses against claims of negligence, mistakes, or failure to deliver services as promised.

Professional liability insurance, also known as errors and omissions insurance, protects businesses and professionals from claims of negligence, mistakes, or failure to deliver services as promised.

An accountant makes a calculation error in a client's financial report, leading to financial losses. The policy covers the legal defense and settlement costs.

Evaluate your risks based on the services you provide and select a policy with adequate coverage for potential claims.