What If Your Client Is Not Satisfied?
To protect you and your company if a client claims your work did not result in the expected outcome, you should strongly consider errors and omissions insurance. This is virtually a necessity for any business or professional office that furnishes a service or gives advice.
You deal with evolving standards of technology, accountability, and sustainability. This constant change increases the possibility that, regardless of how experienced, competent and careful you are, you may someday face litigation over the quality of your performance.
Whether or not the claim is valid, you will be on the hook for the cost of defending yourself in court. If you have errors and omissions insurance, you receive coverage for judgments, legal defense, and settlement.
Get the Right Protection
As noted by AXIS Insurance Service, this insurance is a vital part of a comprehensive insurance plan for business people and professionals. Policies are tailored to meet the needs of specific sectors, including the following:
- Architects and engineers
- Media and entertainment
- Cyber and technology
- Other professionals
Your errors and omissions insurance provider know where to turn for specialized attorneys and experts to evaluate the claim and, if necessary, appear in court on your behalf.
Business is unpredictable, no matter how well prepared you may be. Check today to see if you have the right coverage if things go awry.