Errors and Omissions Coverage: What Is It & How Does it Work?
Each and every project or professional relationship begins with a vision of perfection and mutually beneficial symbiotic bliss by both client and provider. However, then realities set in. Hardships arise and, more often than not, both parties are happy if the resulting product even comes close to the dream imagined at the start. Errors and…
Read MoreWho Needs Errors and Omissions Coverage?
To determine who might need it, Errors and Omissions (E&O) insurance should first be defined. Simply put, E&O specifically provides coverage for any errors or omissions made while rendering professional services. E&O protects you against clients’ claims of financial harm as a result of your company’s actions while performing your service. You may think that…
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