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Errors and Omissions Insurance
Marine E&O Application Technology E&O Application These programs are designed for businesses that design, offer opinions and implement programs for others, using their professional expertise. E & O provides insurance protection against negligent acts, errors and omissions in the performance of their professional duties for another party - your client - that allegedly results in harm to the client's finances and/or reputation. This insurance will provide coverage for defense costs and claims that are caused by such "errors and omissions". Most professionals who own a business, purchase Commercial General Liability (CGL) insurance. A CGL insurance policy protects you from third party claims arising from bodily injury, property damage, and to a limited extent, personal injury. A CGL policy will not protect you acting in your capacity as a professional from your client's claims arising from economic damage and damage to public image. The CGL insurance is necessary and should be used in conjunction with E & O for complete insurance protection. We specialize in Errors and Omissions Insurance: |
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Last updated: September 17, 2013 |