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General and professional liability insurance protect against different business risks. You may need both. Many, or all, of the products featured on this page are from our advertising partners who ...
Malpractice insurance, professional liability insurance (also called professional indemnity insurance), and errors and omissions (also called E&O insurance) are closely related. But what should you ...
Anyone who is in the business of giving advice or recommendations, or generating programs or products to customers, is going to need liability coverage. This is over and above the protections that a ...
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...
The 2023 Hiscox Underinsurance in Small Business Report found that two-thirds of small businesses do not have professional liability, also known as errors and omissions or E&O insurance coverage. Most ...
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What is errors and omissions insurance?
E&O insurance guards your business against lawsuits brought by dissatisfied customers. Find out what it covers and costs, and ...
This spring some insurance companies have begun to introduce AI exclusions in professional liability policies intended to restrict or eliminate coverage otherwise available for professional services ...
Here’s how to make sure you’re covered if you are deemed responsible for harming someone else or their property Written By Written by Contributor, Buy Side Tanza Loudenback is a contributor to Buy ...
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What is professional liability insurance?
An insurance policy that service-related businesses need is professional liability insurance. Learn about what it covers and ...
Professional liability insurance covers legal costs and settlements for service-related negligence. It's essential for advisors like lawyers and doctors, particularly with high risk of client claims.
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