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Errors & Omissions – What’s Covered?

Errors & Omissions insurance protects a business professional whose clients could claim damages as a result of his or her faulty performance.

The faulty performance may be because of a negligent act, error or omission on the part of the professional; hence, the name of the insurance.

Errors & Omissions insurance protects the business professional by shielding his or her assets and paying for his or her defense if a client makes a claim. It protects the professional’s client by ensuring that there will be adequate funds to pay for damages incurred if the professional’s services are deemed to be faulty.

Errors & Omission cover is offered to Ship Agents, Ship Brokers, Yacht Brokers, Ship Managers, Marine Surveryors/Consultants, Naval Architects and Hydrographic Surveyors.

Interested to read about the cover wording?  Click Here


Please contact us today to inquire about obtaining insurance coverage through a trusted and strong insurance carrier.