What Does Professional Errors and Omissions Liability Mean?

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What does Professional Errors and Omissions Liability mean? Read on to discover the definition & meaning of the term Professional Errors and Omissions Liability - to help you better understand the language used in insurance policies.

Professional Errors and Omissions Liability

Professional Errors and Omissions Liability

coverage available to pay for liability arising out of the performance of professional or business related duties, with coverage being tailored to the needs of the specific profession. Examples include abstracters, accountants, insurance adjusters, architects, engineers, insurance agents and brokers, lawyers, real estate agents, stockbrokers.

We hope the you have a better understanding of the meaning of Professional Errors and Omissions Liability.

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