Sentence examples for errors and omissions policy from inspiring English sources
It had two policies in place at the time of its collapse into bankruptcy on Oct. 31: a "directors and officers" policy for $225 million and an "errors and omissions" policy for $150 million.
His new company, which went public in May, specializes in insurance for some decidedly high-profile risks: medical malpractice, directors-and-officers liability, errors-and-omissions policies for negligence claims against lawyers, managed-care organizations and police departments.
Professional-liability insurance, such as "directors and officers" and "errors and omissions" policies, usually covers defence costs in a formal insider-trading investigation.
Errors and omissions policies insure against potential damages for simple miscalculations.
Purchase an errors and omissions insurance policy.
Known as malpractice, or errors-and-omissions, insurance, professional liability contracts are distinguished from general business liability policies because of the specialized nature of the liability.
Make sure you have enough liability insurance and consider additional coverage such as errors and omissions insurance or a directors and officers (D&O) policy if you operate under a board of directors.
6. Professional Liability Insurance: this type of insurance is also known as Errors and Omissions Insurance.
Acquire Errors and Omissions Insurance.
