Professional Liability Insurance
Professional Liability Insurance, also known as Errors and Omissions (E&O) insurance, is designed to protect businesses and professionals from claims of negligence, errors, or omissions in the services they provide. This type of insurance covers legal defense costs and any resulting settlements or judgments, ensuring that your business is financially protected in the event of a lawsuit. Professional Liability Insurance is essential for professionals such as consultants, lawyers, accountants, and healthcare providers, as it helps safeguard their reputation and financial stability while allowing them to focus on delivering quality services to their clients.