By offering any of these, you are assuming professional liability. What if you cannot provide that service? What if your recommendations do not generate the desired result? What if your solution turns out not to be a viable one?
Error & Omissions insurance is essential. It provides you with the needed funds to; secure experts to assist you during negotiations/litigation, pay for legal fees required to defend yourself and business while satisfying a settlement or judgment.
Error & Omissions insurance protects you against instances of negligence or failure of performance arising from the products or services you offer. Professional negligence includes the responsibility for financial losses and bodily injury.
Error & Omissions Professional Liability Insurance
Even if you are a non-profit organization, review the activities of that organization, to be sure you are covered with Error & Omissions professional liability insurance.