Professional “Errors and Omissions” Liability
Professional liability insurance, also known as errors and omissions (E&O) coverage, is similar to malpractice insurance and protects professionals from liability when an action – or failure to take action – results in financial damage to a client. This type of coverage is important in today’s ever-changing business and legal environment, where a simple error by a service firm can lead to significant financial losses that are excluded from coverage under most general liability insurance policies.
Lapointe works with strong national carriers, including Hartford Insurance, to provide protection designed around the needs of your profession. Specific policy provisions offered include:
- Coverage for personal injury, such as libel and slander, arising from the professional services.
- Coverage for punitive damages, where allowed by law.
- Worldwide coverage.