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What does E&O insurance cover?

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What does E&O insurance cover?

This intriguing question originated from e o insurance subject matter

I have been asked this question in an interview.

Other related questions to my question are:

What is not covered by E&O insurance?

What are E&O policy exclusions?

What are provisions of the E&O policy?

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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 is Errors and Omissions Insurance (E&O)

My answer's reference is Nationwide

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