AXIS INSURANCE SERVICES, LLC: E&O Coverage for Consultants
As a consultant, your clients look to you to provide advice and recommendations based on your expertise and years of experience. Whether you’re an environmental specialist assessing a property for any lingering pollution exposures or a marketing consultant providing strategic packaging recommendations for a new product, clients are looking to you to perform. But mistakes happen, which could impede a client’s growth, cause financial damage or harm a company’s brand, resulting in a lawsuit against you.
To safeguard your assets and protect your hard work, a Professional Liability policy, also known as Errors & Omissions (E&O), specifically designed for your consulting profession is needed. Should a client sue your business for professional negligence or mistakes made while performing your services, with this policy you’ll have the financial support to address the high cost of attorney’s fees, court costs, and even settlement or judgment fees related to these allegations.