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Offering exclusive access to an extensive portfolio of professional and management liability products

ENTREPRENEURS AND CONSULTANTs ERRORS AND OMISSIONS INSURANCE

Errors and Omissions (E&O) insurance responds to allegations of a negligent act, error or omission, or misstatement committed in rendering (or failing to render) professional services to others for a fee. These allegations can be brought by clients, third-parties, and regulatory agencies. In the event of a loss, the coverage provides both legal defense and indemnity protection.

COVERAGE HIGHLIGHTS

  • The definition of "Wrongful Act" encompasses personal and advertising injury. This expands coverage to include allegations of false arrest, malicious prosecution, slander, libel, defamation, etc.
  • Independent contractors are covered under the terms of the policy, so long as they are operating at the direction of the insured.
  • Punitive damages are specifically included, where insurable by law.
  • Defense of licensing proceedings are included as a coverage enhancement.
  • General Liability insurance available as an optional coverage. An additional premium applies.
  • A short-form, self-rating application is available to simplify the submission process (certain restrictions apply).

APPLICATIONS

ENTREPRENEUR/CONSULTANT STANDARD APPLICATION