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What Is Errors and Omissions (E&O) Insurance?

By Motley Fool Staff – Updated Dec 17, 2024 at 9:35AM

Key Points

  • E&O insurance protects against lawsuits from advice or services errors.
  • Various professionals, including lawyers and doctors, should consider E&O coverage.
  • E&O policies exclude coverage for fraud and property damage lawsuits.
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