Errors And Omissions Legal Meaning and Definition
Here is a simplified definition of the legal term Errors And Omissions.
Errors and Omissions (phrase): A term usually associated with professional liability insurance coverage that protects professionals such as doctors, lawyers, architects, and accountants against claims made by their clients or patients. These claims typically arise from alleged mistakes (errors) or failure to perform some service (omissions), which could be equated to negligence in their professional activities.