Professionals that give clients recommendations, consultations, or services may require E&O insurance. This includes, but is not limited to, accountants, financial advisors, real estate agents, doctors, architects, and engineers. E&O insurance might offer defense if a client claims that a professional performed subpar or careless work.
E&O insurance frequently excludes coverage for unlawful or willful behavior. E&O insurance won’t defend a professional if they knowingly give poor advise or break the law. Additionally, some claims, such as those involving property damage or personal harm, might not be covered by E&O insurance. What Exactly Does Travel Insurance Cover?
Unexpected travel-related events may be covered by a specific type of insurance called travel insurance. This may involve flight delays or cancellations, misplaced or stolen belongings, unexpected medical expenses, and more. However, the policy and the provider will determine the precise coverage and exclusions. Before getting travel insurance, it’s crucial to read the policy completely and comprehend what is and is not covered.