Errors and omissions is a label often used for liability arising from professional errors, omissions or advice.
The distinction that matters
Australian policies commonly use professional indemnity terminology, but names alone do not establish equivalent protection.
What to check
- Define the professional services.
- Check claims-made notification and retroactive dates.
- Review contractual liability and exclusions.
Example to discuss
A consultant checks whether both design work and implementation advice are included in the insured professional services.
This is a hypothetical comparison, not a customer claim or a determination of cover.
Sources and further reading
General information only. The policy, schedule and applicable rules determine the actual position. For a personal decision, use an appropriately qualified adviser or the relevant provider.