E and O Insurance - What are the benefits?
July 17th, 2008 . by adminWhen people (especially those in the business world) shop for insurance, they are often faced with the decision of whether or not they will need to purchase errors and omissions insurance. Errors and Omissions Insurance, or E and O as it is commonly called, is primarily purchased by individuals or companies who work in consultation, design or sales. It is aslo commonly purchased by companies that provide services. E and O Insurance protects the company from any loss faced by a client during the service delivery as a result of an error or ommission on the part of the provider. As mistakes happen to everyone, and often when least expected, E and O Insurance is extremely beneficial to companies who provide these types of services.