Insurance term
Professional Liability (E&O)
Also called Errors and Omissions insurance, it protects businesses and professionals against claims that their advice or services caused a client financial loss. It covers legal defense and settlements that general liability does not.
Example
If a client sues a consultant claiming bad advice cost them money, professional liability helps cover the defense.
Related coverage
General Liability Insurance
Shield your business from third-party claims and lawsuits.
Related terms
Comparisons to help you decide
Ready to protect what matters?
Get a free, no-obligation quote. Our bilingual agents compare 30+ carriers to find you the best coverage at the best price.