Errors & Omissions (E&O) insurance policies, sometimes known as Professional Liability, provide(s) coverage primarily for claims for economic damages resulting from acts, errors, or omissions in the provision of professional services to the general public. E&O policyholders represent a wide range of businesses, providing many different types of professional services. If you provide professional or consulting services that involve getting paid for advice, you should consider purchasing E & O insurance. Business professionals who might need E & O insurance include IT specialists, consultants, architects, engineers, accountants, project managers, roofing, building science consultants, etc.
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