••••••>error And Omission Insurance

By Author: lousie
Total Articles: 6
Comment this article

What Is Errors and Omissions Insurance?

Errors and Omissions (E&O) is the insurance that covers your company or you individually, in the event that a client holds you responsible for a service you provided or failed to provide, that did not have the expected or promised results.

Types of Errors and Omissions Insurance:

 Realtor Errors & Omissions Insurance
 Mortgage Brokers E&O Insurance
 Title Agent/Abstractors E&O Insurance
 Property Manager E&O Insurance
 Property Preservation Error & Omissions Insurance
 Insurance Agent E&O
 E And O Real Estate Insurance
 General Liability Insurance
 Property and Business Owners Package
 Workers Compensation
 Risk Management Consulting and Training
 Buy Sell Agreement Insurance
 Home Warranty
 Appraisers E& O Insurance

Who needs E & O Insurance?
The best-known professionals who need E&O insurance are doctors, lawyers, accountants, ...
... architects, engineers, etc. If you are in the business of providing a service to your client for a fee, you have an E&O exposure. You may want to consider what will happen if the service is not done correctly or on time, and it costs your client money or harms their reputation.

E & O Insurance for Real Estate Agents:

Errors and Omissions, called E&O for short, is the name used to describe a type of malpractice insurance coverage for real estate professionals. The coverage protects against financial losses from lawsuits filed as a result of your work in the real estate profession.

When you have Errors and Omissions coverage, the insurance company defends the claim and pays any settlement or judgment against you up to the limits of liability stated in the policy.

E & O Insurance for Business Owners:

To get the business coverage you need to keep you and your business financially protected from unforeseen lawsuits and potential financial loss by taking E & O Business Insurance.

E & O Insurance for Worker's Compensation:

The minute you give consideration to hiring employees you also need to give serious thought to Workers Compensation insurance: this insurance will protect you from serious financial loss if a worker should happen to be injured while working or develop an occupational disease while working with you. This type of insurance ensures that injured employers cannot sue you in civil court. In the event that one or more of your employees are injured or develop occupational conditions, you have insurance coverage that will help pay for reasonable medical expenses and that will compensate the employee for income loss.

For more information visit:
http://www.slashyourrisks.com