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Is Tech Errors & Omissions the same as Professional Liability?

April 26, 2017errors liability omissions professional tech

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Is Tech Errors & Omissions the same as Professional Liability?

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Yes and No. Professional Liability insurance policies encompass a wide variety of professions and are dubbed different things by the different industry sectors. Folks like attorneys and CPAs call it Professional Liability Insurance. Doctors and dentists call it malpractice insurance. Most other industry sectors call it Errors and Omissions insurance. The general premise of all these policies is the same however the specifics of their coverage vary greatly and are tailored to the industry sector.