It's designed to protect companies and individuals who provide professional services against claims of negligence, mistakes, and omissions. Errors & Omissions insurance is an investment in your professional reputation and your business's future. Don't wait until it's too late to protect yourself and your company. Rest assured that they you are covered in the event of a mistake or oversight that results in a loss to a client.
Who needs it
Professionals offering a service or advice such as:
Professionals who provide advice or services to clients, such as lawyers, accountants, architects, engineers, and consultants.
Contractors who provide construction or renovation services, such as builders, electricians, and plumbers.
Technology companies that provide software or other technology products, such as software developers or IT consultants.
Healthcare providers such as doctors, dentists, and nurses, who provide medical services or advice to patients.
Real estate professionals such as agents or brokers, who provide real estate services or advice to clients.
What's Covered
Errors and omissions (E&O) insurance is related to professional services or advice. Some examples:
Negligence: E&O insurance can cover claims alleging negligence or failure to exercise reasonable care in the performance of professional services or advice.
Errors and omissions: E&O insurance can cover claims arising from errors, omissions, or mistakes made in the provision of professional services or advice.
Breach of contract: E&O insurance can cover claims alleging breach of contract, such as failure to deliver services as promised or failure to meet contractual obligations.
Misrepresentation: E&O insurance can cover claims alleging misrepresentation or false advertising related to professional services or advice.
Copyright infringement: E&O insurance can cover claims alleging copyright infringement related to the use of copyrighted materials in professional services or advice