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Professional Liability Insurance is commonly referred to as errors and omissions coverage. This type of coverage focuses on alleged failure to perform on the part of, financial loss caused by, and error or omission in the consultation, service, or product sold by the insured.
Scenarios like these can be potential causes for legal action that would not be covered by general liability insurance policies, which address more direct forms of harm. Professional Liability coverage usually provides coverage for defense costs, including when legal action turns out to be groundless.
Talk to a Kish Insurance expert today to find out what kind of coverage would benefit your organization, or Request a Quote online.
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