Errors and Omissions Insurance (products)

Errors and Omissions Insurance

This insurance protection pays for liability claims resulting from damages due to failure to perform some duty for which the insured was trained or even just represented some specific expertise.

Architects and insurance agents need Errors and Omissions Insurance as do information technology companies.

The kind of Errors and Omissions protection needed vary greatly from business to business so insurance policies are often designed for specific business pursuits.

   What is covered?

What is not covered?

  • Alleged or actual negligence
 Bodily injury or property damage
  • Defense costs
 Fraudulent acts
  • Personal injury (e.g., libel or slander)
 Employment matters
  • Copyright infringement
 False advertising
  • Worldwide errors and omissions insurance coverage
 Patents and trade secrets
  • Temporary staff and independent contractors
 Personally identifiable information
  • Claims arising from services provided in the past
 Other services
  • Claims and damages