noun
1.
A Policy is the contract between the insurer and the insured (the policyholder), detailing the rights and responsibilities of both parties. The Policy outlines pertinent information about covered Risks, Premiums, Deductibles involved, as well as other relevant details.
E&O insurance is specifically designed to protect you, or your company, from the risk of a client’s dissatisfaction.
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Separate structures on your property may have to be insured separately.