Cost of errors and omissions insurance is affected by many factors. These include the company's industry as well as its geographic location. Because of the higher risk of making errors and high costs of settling claims, insurance premiums for certain industries are usually higher. Medical companies are more likely...
Professional liability insurance is also known as errors & omissions insurance. It protects professionals against liability claims. In the United States, this type of insurance is called errors and omissions insurance. This type of insurance is crucial if you are a professional to protect yourself against lawsuits and financial...