Professional Liability Insurance
Professional liability insurance or more commonly referred to as errors & omissions (E&O) coverage is a form of liability insurance that protects an advice/service providing professional from the costs of a lawsuit brought about from being accused of negligence by a client. If you are a professional in one of the following fields, it would be wise for you to consider purchasing some form of professional liability insurance.
- Insurance Agents
- Health Care Professionals
- Real Estate Agents
This is a short list, but if you suspect that you fall into one of those categories then it is best to obtain coverage as soon as possible.