What Does Professional Liability Insurance Mean?

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

Professional Liability Insurance

Professional Liability Insurance

Professional liability insurance, more commonly known as errors and omissions (E&O insurance), is a special type of coverage that protects your company against claims that a professional service you provided caused your client to suffer financial harm due to mistakes on your part (errors) or because you failed to perform some service (omissions).

We hope the you have a better understanding of the meaning of Professional Liability Insurance.

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