Errors and Omissions Insurance essentially protects companies and
individuals against law suits for compensation claims filed by their
own clients. It is intended for helping out professional from payments
incurred during legal cases and defense overheads including the damage
caused due to an error or lapse resulting inadequate work or negligent
actions in providing by the Professional Services. An error or
mistakes can crop up on any transaction in any profession causing
financial harm to the client.
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