LABYRINTH INSURANCE SERVICES, INC. HOME COMMERCIAL LIFE SCIENCE PERSONAL INSURANCE ERRORS & OMISSION EXECUTIVE PROTECTION TECHNOLOGY CONTACT US PRESS RELEASE
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ERRORS AND OMISSION | |||||||||||||||||||||||||
Coverage that gives your business protection from the risks you face when delivering your professional services. Coverage examples
Need direction, start your professional liability insurance quote, call a licensed insurance advisor we would be happy to help.
Accountants Professional Liability (APL) Insurance: Se habla Español |
Professional liability insurance protects the professional when there is an error or omission in performance of professional services where a client may suffer a financial loss. Professional Liability Insurance also known as Errors and Omission Liability Insurance (E&O). The Road to Real insurance suitability begins with the profession being clearly defined. Historically third party contracts, face amount and pricing have been the motivating factors in the decision making for companies purchasing Professional Liability Insurance (E&O). For until you have been sued, you may have a Professional Liability Insurance Policy (E&O) with a high limit that gives you a sense of security, though the company’s individual director who has placed the coverage may not have carefully reviewed the Professional Liability Insurance provisions within the Professional Liability Insurance policy. The lack of the proper Professional Liability Insurance policy provisions may impact their own professional error as well as not protect their clients which may lead to financial impact or shut down of the third party clients business. In today’s environment, with individual licensing of professional increasing, boundaries of professional services expanding, type of litigation and so many insurers with so many different policy forms, companies are seeking partners with character. As an outside independent insurance agent, we will get to know your company very well. We understand that there is no magic formula for researching honesty and integrity. Labyrinth Insurance Services, Inc. is built on ethical principles and trust and adheres to standards of competence and time commitment. Our team is composed of experienced brokers with diverse backgrounds in Engineering, Finance, Accounting and Middle Market insurance underwriting. |
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