Consultation Businesses Need This
If you are in any kind of consultation business then you may want to consider taking out what is called an E and O Insurance policy. You are probably wondering what an E and O insurance policy is and why you would need it. Errors and omissions insurance is the type of policy typically used by companies who specialize in consulting, design, sales or service provisions. It protects the company or individual from errors made while processing a claim. Any financial losses incurred by a client as a result of these errors or omissions would be covered in the event of a law suit.