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Errors & Omission Insurance Covers Mistakes and Oversights
Overview of what this type of insurance is in relation to IAB… Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo
Coverage Options Title Here
When you partner with us you get more than top-tier insurance solutions, competitive rates, and customized policies, you gain access to an established team of professional, and Cyber specializing in Insurance Agents and Brokers.
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First Dollar Defense Defense
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Limits up to $100M
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Defense Outside
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Independent Contractor Coverage
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Insolvency Converage
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Disciplinary Converage
Errors & Omissions (E&O) Liability Insurance can provide coverage for your company in the event of a lawsuit brought against it for claiming negligence in providing or failing to provide your professional services. Below are the most common claim scenarios.
Failure to properly qualify a lender who subsequently was delinquent.
An individual was given a second mortgage on her home to pay off credit card debt. Within one year, the plaintiff was back in debt and could not pay the new credit card debt, the first or the second mort-gage. After seeking the advice of a credit counselor (suggested by the mortgage broker), the Plaintiff sued because the mortgage broker should have known her history and that she would have been unable to pay. Payout of $27,000 plus legal fees.
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HOW TO SUBMIT AN APPLICATION
In order to submit an already completed application, please send the application and its supporting documentation.
Download Insurance Agents and Brokers Professional Liability Application >
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As COVID continues to wreak havoc many companies have turned to litigation, due to the COVID enforced closures. No industry felt these worse than the restaurant industry, where if they didn’t have a connection to delivery services, they could have ended up shutting their doors for good.
Read More
Insurer Prevails in First COVID Related Decision
As COVID continues to wreak havoc many companies have turned to litigation, due to the COVID enforced closures. No industry felt these worse than the restaurant industry, where if they didn’t have a connection to delivery services, they could have ended up shutting their doors for good.
Read More
Insurer Prevails in First COVID Related Decision
As COVID continues to wreak havoc many companies have turned to litigation, due to the COVID enforced closures. No industry felt these worse than the restaurant industry, where if they didn’t have a connection to delivery services, they could have ended up shutting their doors for good.
Read MoreOur Other Product Lines
Cyber Liability/ Privacy & Network
Security Management Liability Insurance
(D&O) Employment Practices Liability Insurance
Crime Insurance
Fiduciary Liability
To learn more about our Wholesale Insurance Resource for Professional & Management Liability Visit PLRisk.com
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