Financial and professional liability insurance, also known as errors and omissions (E&O) insurance or professional indemnity insurance, is a type of insurance coverage that protects professionals and businesses from financial losses and liabilities arising from errors, omissions, negligence, or other professional mistakes in the services they provide. It is designed to cover legal defense costs, settlements, judgments, and other expenses associated with claims made by clients or third parties. Here's an overview of financial and professional liability insurance:

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