Man Calculating ChartsProfessional liability insurance, also sometimes referred to as Errors & Omissions insurance, protects professionals from malpractice claims brought by clients or third parties for neglect, error or omission. It protects professionals such as:

  • Accountants
  • Lawyers
  • Doctors
  • Engineers
  • Architects

The professional insurance policy is a contract with terms, conditions, limitations and exclusions. The insurance contract will have a set limit on the amount the insurer will pay and the policy will be in effect for a set period of time.