Also known as professional liability insurance, E&O insurance can safeguard professionals and businesses offering specialized services. By having the right coverage in place, professionals can focus on their work with confidence, knowing they are protected from potential pitfalls that may come with providing professional services.
Additionally, clients and contracts may require professionals to carry E&O insurance as a condition of doing business. This requirement helps ensure clients have recourse in case your organization or its employees make a mistake. Furthermore, an E&O policy can help foster trust and confidence in your services.