E&O (Errors and Omissions) Insurance is a type of professional liability insurance that protects individuals and businesses from claims of negligence, mistakes, or omissions in their work.

With E&O Insurance:

– You’re protected against financial losses resulting from lawsuits or claims
– Covers legal fees, settlements, or judgments
– Helps maintain your professional reputation
– Provides peace of mind and financial security

Without E&O Insurance:

– You’re personally liable for damages or losses
– May face financial ruin due to costly lawsuits or settlements
– Risk of losing business assets, savings, or even your business
– Can damage your professional reputation

In short, E&O Insurance helps mitigate risks and protects your business, while going without it leaves you vulnerable to potential financial devastation.