Real-world Professional Liability Insurance claim scenarios showing what was covered, how much was paid, and lessons for business owners.
Comprehensive FAQ, cost guide, and claims examples for professional liability insurance — E&O coverage for consultants and service providers.
Professional liability insurance (E&O) covers claims of negligence, errors, and omissions in professional services provided to clients.
Industry: Management Consulting
A consultant's incorrect analysis led to a client's poor business decision.
Claim amount: $250,000
Outcome: E&O coverage paid legal defense and settlement.
Lesson: Clear engagement letters and documented recommendations reduce E&O exposure.