Your clients count on you for professional advice and services. Unfortunately, mistakes can and do happen — sometimes resulting in a lawsuit.
Why is E&O Coverage Important?
Any business or licensed professional who offers advice or provides a service needs an errors and omissions (E&O) insurance policy, also known as professional liability insurance. An E&O policy protects your livelihood in the event you are sued for negligence or inadequate work by financially supporting you in the event of a claim made by a client (in excess of your deductible). Your insurer pays the cost to defend you as well as any settlement amount up to your limit of liability.
Even if a claim made against you seems frivolous and without merit, the cost in defending you in that claim could be several thousands of dollars. E&O insurance is there to protect you against claims and provide peace of mind.
Enroll now to complete your enrollment in the E&O program in minutes.
For certificate of insurance requests, billing inquiries or coverage questions about the E&O policy contact Marsh at:
Marsh Service Center
Phone: +1 (800) 380-0451
E-mail: eandoservices@marsh.com
The policy for which you are applying is issued by a purchasing group. The purchasing group may not be subject to all of the insurance laws and regulations of your state of domicile. State insurance insolvency guaranty funds may not be available for purchasing groups.