Phrases with «omission insurance»

Omission insurance is a type of insurance that protects individuals or businesses from claims that arise due to mistakes or oversights, specifically when they fail to provide a required service or information as promised. It helps cover the costs of legal proceedings and compensation if someone sues due to these omissions. Full definition

Related phrases

Sentences with «omission insurance»

  • Most errors and omissions insurance policies cover judgments, attorney fees, court costs and settlements up to the limits of the policy. (nationwide.com)
  • Applicants must be at least 18 years old, have submitted proof of errors and omissions insurance coverage in the amount of $ 100,000, and have paid a $ 200 fee. (homeinspector.org)
  • And make sure the recipient lawyer carries up - to - date errors and omissions insurance with limits sufficient for the client's case. (slaw.ca)
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