Commercial
Errors & omissions
Professional liability for mistakes, oversights, or bad advice.
What it covers
The essentials, at a glance.
In practiceA client says your advice or design cost them money and sues, and E&O pays your defence and any settlement.
Not coveredPhysical injury or property damage is general liability, not E&O.
In practiceEven a claim with no merit still costs money to defend, and the policy covers those legal costs.
In practiceYou miss a filing deadline or overlook a detail and a client suffers a financial loss, and this responds.
Not coveredDeliberate or dishonest acts are excluded.
In practiceFrom consultants to designers to software providers, anyone who gives advice or delivers a professional service is exposed to this risk.
Not coveredThis is usually claims-made, so timing of the report matters.
Talk to a local broker
Protection for the advice and work you deliver.