Professional Liability
Errors and omissions coverage - E&O
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Professional liability insurance, also called errors and omissions insurance (E & O insurance), protects your business if you are sued for negligence, even if you haven't made a mistake.
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Claims of negligence, even if you haven't made a mistake
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Awarded damages and legal defense costs
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Claims for libel and slander arising from your services
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Unknown claims arising from previous work (back to an agreed date)
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Punitive damages up to $250,000 where allowed by law
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Claims arising from services performed by employees and temporary staff