Errors Omissions Liability Insurance
Errors Omissions Liability Insurance: As a matter of fact, statistics show that nearly 1 in 7 insurance agents will be involved in a E&O claim at least once during their career. By the same token, insurance agents rank fourth on the list of most of often sued professionals. Errors and omission insurance plans protect agents. A claim, either real or perceived, can arise from involvement in the sale or servicing of an insurance product.