E&O Liability & Professional Liability Insurance

Errors and Omissions (E&O) or Professional Liability Insurance (PLI) protects against claims arising from acts of professional negligence. This insurance serves professionals like accountants, lawyers, and physicians and covers business or professional practices, including malpractice, negligence and misrepresentation.

Why Choose TIPI for Your Professional Liability Insurance?

Errors and Omissions (E&O) & Professional Liability Insurance

Here are some things you should consider when purchasing an E&O insurance policy:

•  Coverage does not include criminal prosecution, nor all forms of legal liability under civil law, only those listed in the policy.
• Professional liability policy wording can be very specific. Consult directly with insurance agents to work out these policies.
• Cyber liability, covering data breaches and other technology issues, may not necessarily be included in core policies, but a subsection of separate policies.
• Depending on the professional practice, E&O may have a different name. For example, it’s called malpractice insurance for medical professionals and E&O insurance for real estate agents. 
• Policies are typically arranged on a claims-made basis so having consistent policies can be vital for adequate protection against libel action.