11/9/2009 8:15:54 AM
Professional liability insurance is also often referred to as errors & omissions or E&O This type of insurance covers damages caused by mistakes (errors) made by a professional or damages caused by something a professional failed to do (omissions). If you hold yourself out as an expert or professional in your particular field, you can be held responsible for your work, your advice or counsel. Regardless of what kind of Technology work you perform, customers can claim that something you did on their behalf was done incorrectly, and that this error cost them money or caused them harm in some way