Announcement: PMT ROY and PMA Assurances unveil their new brand image. For more information, see our press release.
Protect your business with errors and omissions insurance
Despite their best intentions, everyone makes mistakes at work at one time or another, just as all companies sometimes have to deal with unsatisfied customers. Professional liability, or errors and omissions, insurance protects companies and professionals against financial losses resulting from an error or an omission likely to cause damage to a third party. Whether intentional or not, and whether committed by a company employee or officer, the fault is covered. This coverage is not included in your civil liability insurance, hence the importance of purchasing this extra coverage to make sure your company is fully protected.
What types of companies should consider errors and omissions insurance?
- Companies or individuals governed by a professional order
- Independent managers or consulting firms
- General and specialized construction contractors
- Financial services companies (accounting, investments, etc.)
- Health professionals (doctors, therapists, etc.)
- Computer and new technologies companies (programmers, Web agencies, etc.)
Contact one of our brokers to make sure you’re fully covered.
Characteristics and advantages of the product
- Bodily, material or financial harm caused to a third party following an error or omission in advice or service provided
- Defence against disciplinary measures
- Worldwide coverage
- Full coverage of all costs related to your defence, whether or not the accusation is founded
- Full coverage of damages