WHY IS IT IMPORTANT?

Also known as Errors and Omissions (E&O) insurance, Professional Liability Insurance protects businesses and professionals against claims of negligence, errors, or omissions in the services provided. This type of insurance is particularly important for professionals such as consultants, lawyers, accountants, and healthcare providers, who may face lawsuits alleging mistakes or failure to perform their duties adequately. Professional Liability Insurance can cover legal expenses, settlements, and judgments arising from covered claims, helping businesses protect their assets and reputation.