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What is an errors and omissions extension?

April 26, 2017errors extension omissions

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What is an errors and omissions extension?

1 Answer

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10 Posted

A policy can be extended to indemnify the insured for claims arising out of financial loss to third parties caused by any negligent act, error or omission committed by the insured in or about the conduct of their occupation or business as stated in their Proposal form.