Professional Liability

Professional Liability (or Errors & Omissions) covers your business from actual negligence or claims of negligence related to professional advice or services. Also called professional indemnity insurance but more commonly known as errors & omissions, is a form of liability insurance which helps protect professional advice and service providing individuals and companies from bearing the full cost of defending against a negligence claim made by a client, and damages awarded in such a civil lawsuit.


  • Work mistakes
  • Undelivered services
  • Related defence costs

EXAMPLE: As a financial advisor, you recommended that a client invest in a hot new startup. However, that startup struggled and eventually closed down, costing your client money. Professional Liability coverage protects you from your client’s lawsuit claiming that you gave them bad advice.

*Specific coverages may vary by policy