E&O insurance, also known as Errors & Omissions insurance and professional liability insurance, is crucial for wealth management firms and the wealth managers working within those firms. It offers protection against claims from dissatisfied clients and others who may allege that an error or other wrongful act resulted in financial loss. Even with meticulous precautions … Read More
E&O insurance for financial planners, also known as Errors & Omissions insurance or professional liability insurance, protects financial planning firms and their planners from claims made by disgruntled clients or others alleging an error or wrongful act that caused them financial harm. Despite the precautions and disclaimers you’ve provided to mitigate these types of claims, … Read More
E&O insurance, often referred to as Errors & Omissions insurance or professional liability insurance, safeguards financial advisory firms and their advisors against claims from dissatisfied clients and others who might allege mistakes or wrongful acts that resulted in financial losses. E&O insurance for financial advisors is crucial in protecting against these potential risks. Regardless of … Read More
Manufacturer’s E&O or Errors & Omissions Insurance – what is it, who needs it, and why do manufacturing companies need it? I’m going to answer these questions and more in this article. So when we think of E&O or Errors & Omissions insurance we tend to think of occupations or professions that provide advice to … Read More
The cost of Technology Errors & Omissions (Tech E&O) Insurance will depend on several factors, such as: The type of technology product or service is insured. As an example, a low-hazard technology provider like a website developer is going to pay less for E&O insurance than say a Fintech company that is handling money transactions … Read More
You’ve heard the abbreviations of E&O and D&O Insurance policies and you may assume they are similar but wonder what the differences are. In this video and post, I’ll explain what each policy is and how they are actually entirely different from each other. So let’s start off by answering the question of what each … Read More
If you’re in the process of selling your company, the buyer or buyer’s attorney may be insisting that you purchase something called tail insurance and you’ve never heard that phrase before. What’s a tail? What’s tail insurance? Why do I need it, and why do I need it now that I’m selling my business? I’m … Read More
Technology Errors & Omissions insurance or tech E&O insurance for short is a specialized professional liability policy written for a variety of companies in the technology industry. In this video and post, I’m going to go over what tech E&O covers, what it doesn’t cover and how it’s purchased. So, I’ve spoken before about E&O … Read More
Professional Liability insurance, errors and omissions, E&O, and malpractice insurance all fall into a similar bucket of coverage and are designed to protect an insured from claims which can arise from providing professional advice or services to clients. In this video and post, I’m going to explain professional liability insurance or E&O insurance in detail … Read More
Do Plumbing Contractors need E&O Insurance? What is Contractors E&O insurance? Plumbers E&O Insurance In this video and post, I’m going to discuss a specialty form of insurance known as E&O, or Errors & Omissions Insurance for Contractors, looking specifically at Plumbing Contractors and associated trades such as: Plumbers Heating & Air-Conditioning – HVAC Sheet … Read More
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