white two responds

Errors and omissions (E&O) insurance coverage is a type of professional liability insurance that protects individuals and businesses from financial losses resulting from claims of negligence or errors in their professional services. E&O insurance provides coverage for professionals who provide services and advice, such as financial services, insurance agents, doctors, lawyers, and wedding planners.

E&O insurance covers claims arising from errors or omissions in the professional services provided and claims for breach of contract, misrepresentation, and negligence. The policy typically covers legal defense costs and damages or settlements awarded in lawsuits, subject to policy limits and deductibles. E&O policies generally do not cover criminal prosecution and certain liabilities that may arise in civil court not listed in the policy, including illegal or intentional acts. E&O insurance often does not cover bodily injury inflicted by your business, as that is typically covered by general liability insurance.

I would teach this by going over a declaration page for a sample E&O policy. I would look into the specific coverage components of Errors and Omissions insurance, including what is typically covered under the E&O policy and what is not covered.