What Is Errors and Omissions Liability?

Errors and Omissions liability is a policy that can be bought as an add-on to general business insurance cover, alternatively it can be bought on its own if required. It is this type of insurance that is usually bought to create protection for a business or a single person from claims or suits which can arise from services that weren’t correctly or fully fulfilled, alternatively it can cover mistakes and failures too. In the US, the commonest forms of these policies are the professional and malpractice insurance covers – this trend is very similar to most countries that do international…