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<strong>Errors & Omissions </strong>Liability Insurance

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Errors & Omissions Liability Insurance

Safeguards businesses from financial losses due to service-related mistakes or oversights.

    What’s Covered

    About Error & Omission Liability Insurance

    Error & Omission Liability Insurance protects businesses and professionals against claims arising from mistakes, negligence, or oversight in services provided. It covers legal defence, settlements, and damages, helping organisations manage professional liability risks, maintain client trust, and safeguard financial stability in an increasingly complex business environment.

    What is Included in the Plan

    Coverage For Professional Mistakes

    Provides protection when errors, omissions, or negligence in professional services result in financial loss for clients. This ensures businesses can manage claims effectively without compromising operational continuity or reputation.

    Legal Defence And Litigation Costs

    Pays for lawyer fees, court expenses, and associated costs in defending covered claims. This allows organisations to handle legal challenges without diverting internal resources from core operations.

    Settlement And Damage Payments Covered

    Covers settlements or judgments awarded to clients due to covered errors or omissions. This protects company finances while maintaining trust and professional relationships with affected parties.

    Claims From Third Party Clients

    Protects against claims brought by customers, partners, or other external stakeholders alleging professional negligence. Coverage ensures businesses can respond promptly and effectively to reduce financial and reputational impact.

    Breach Of Contract And Duty Protection

    Includes claims arising from failure to meet contractual obligations or professional duties. This is essential for companies providing consulting, advisory, IT, or technical services where performance and accuracy are critical.

    Retroactive Coverage For Past Work

    Covers claims related to services provided before the policy start date, subject to terms. This safeguards businesses from delayed claims that may arise after completing projects or engagements.

    Benefits of Error & Omission Liability Insurance

    • Protects Against Professional Mistakes

      Shields businesses from claims due to errors or negligence.

    • Covers Legal And Settlement Costs

      Manages expensive litigation and judgment payments efficiently.

    • Maintains Client Trust And Confidence

      Ensures business relationships remain strong after disputes.

    • Supports Regulatory Compliance Needs

      Helps meet industry and contractual professional liability obligations.

    • Reduces Financial Exposure For Services

      Protects revenues and assets from unexpected client claims.

    • Adaptable To Diverse Professions

      Tailored solutions for consultants, IT, technical, and advisory sectors.

    How to Buy

    How to Buy Errors and Omissions Liability
    Insurance in India Easily Businesses

    Assess professional risk exposure, compare E&O coverage options, share business details, finalize limits, and activate protection smoothly with expert guidance, compliance support, and efficient policy issuance services for professional firms.

    • Instant & personalised

    • No impact on credit score

    • No hidden fees

    Assess Exposure

    Identify service offerings, client contracts, regulatory obligations, and potential professional negligence exposures.

    Compare Coverage

    Compare limits, exclusions, retroactive dates, defense costs, premiums, and insurer expertise levels.

    Share Details

    Provide business profile, revenue, services, claims history, and risk management practices details.

    Activate Policy

    Confirm terms, complete payment, receive policy documents, and start coverage immediately nationwide.

    Faq’s

    Got questions ?
    we’ve got answers

    Who should consider Error & Omission Liability Insurance?

    Businesses and professionals providing advisory, consulting, IT, or technical services should opt for this coverage. It protects against financial loss claims arising from mistakes, omissions, or negligence, ensuring both client confidence and operational continuity across projects, contracts, and service engagements in India today.

    What incidents are covered under this policy?

    Coverage includes claims arising from errors, omissions, negligent advice, breach of contract, or failure to meet professional obligations. Legal defence, settlements, and damages are included, subject to policy terms, limits, and exclusions specific to the nature of services offered.

    Is this insurance mandatory for professionals?

    Error & Omission Insurance is not legally mandatory, but it is highly recommended for risk management. Many clients, regulators, and contracts require proof of professional liability coverage to ensure accountability, compliance, and protection against unforeseen service-related claims.

    Does it cover claims from past work?

    Yes, retroactive coverage can include claims arising from services provided before the policy start date, subject to policy limits and terms. This ensures protection against delayed claims, long after project completion or advisory engagements are concluded.

    Can coverage be customised for different industries?

    Absolutely. Policies can be tailored with specific limits, extensions, and exclusions based on industry, service type, client base, and risk exposure. Customisation ensures relevant protection for professionals in consulting, IT, technical services, or advisory sectors, aligning with operational and contractual needs.

    Contact Details
    • Disha Capital Insurance Brokers Pvt Ltd
      Head Office : 404-A, 43 Chiranjiv Tower, Nehru Place, New Delhi – 110019

    • Branch Offices
      • BBY 6A, 10th Floor, A Wing, Pinnacle Corporate Park, Bandra Kurla Complex, Branda (E), Mumbai, Maharashtra 400051
      • BLR 407, A-Wing, Mittal Tower, MG Road, Bengaluru 560001
      • Chennai 14A, Ground Floor, Gokul Arcade No 2 Sardar patel road, Adyar Chennai
    • Contactus@dishainsurance.com
    • 9319222734