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What does errors and omissions insurance cover?

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What does errors and omissions insurance cover?

Asked question is from e o insurance subject matter

I had been asked this question in an interview.

Other related questions to my question are:

What errors and omissions cover?

What is not covered by E&O insurance?

What is the Errors & omissions insurance used for?

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Right answer is: E&O insurance is a kind of specialized liability protection against losses not covered by traditional liability insurance. It protects you and your business from claims if a client sues for negligent acts, errors or omissions committed during business activities that result in a financial loss.

The title of my answer can be Errors and Omissions Insurance (E&O)

 You can read more about by answer on Nationwide

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