Types of Negligent Acts Not Covered by E & O Policy
An E&O policy will not cover intentional wrongdoing or harm, illegal activities, employee injuries or lawsuits, and business property damage.
Ensure all your business or organizational names are covered under your E&O insurance.
What Is Typically Excluded from an E&O Policy
E&O insurance policies typically exclude certain types of claims or situations from coverage. Common exclusions include intentional acts, fraud, criminal acts, bodily injury, property damage, contractual liabilities, employment practices liability, and punitive damages.
Professional Liability Not Covered by E&O Insurance
E&O insurance covers claims of professional liability but does not cover intentional wrongdoing or criminal activity. It also excludes claims of bodily injury or property damage.
Businesses and professionals should understand exactly what their E&O policy does and does not cover. Examining specific exclusions and consulting with an insurance agent can provide clarity.