Errors and omissions insurance, also known as E&O insurance and professional liability insurance, helps protect your assets from claims you made a mistake in your professional services. This insurance can cover your court costs, attorney fees or settlement payouts, which can be very costly, assuming you have coverage.
The purpose of this course to explain what E&O Insurance is, why it is important and how coverage works under various policies. Participants will gain an understanding on the basics of how E&O Insurance works, what it covers and how to make informed decisions based on coverage. This course employs real life situations to show when and how E&O Insurance works.
Not all E&O insurance polices are created equally. Brokers need to understand the different coverages and how to maintain that coverage to help manage their risk, safeguard the livelihood of their families, guard their personal wealth, preserve their personal and professional reputation, and ensure their future in the profession.
