E&O insurance does not cover intentional wrongdoing, criminal acts, or fraudulent behavior. It also does not cover bodily injury or property damage claims, which are typically covered by General Liability Insurance.
Related FAQs
When selecting an E&O policy, consider the coverage limits, exclusions, deductibles, and the reputation of the insurance provider. It's crucial to choose a policy that aligns with the specific ...
Most E&O policies are written on a claims-made basis, meaning the claim must be made, and usually reported, while the policy is in force. If you cancel or do not ...
While not always legally required, E&O insurance is often a contractual obligation. Many clients or regulatory bodies may require businesses to carry E&O insurance as a condition of their ...
