Common use of Errors and Omissions Liability Clause in Contracts

Errors and Omissions Liability. A policy of professional liability insurance in an amount not less than $1,000,000 per occurrence.

Errors and Omissions Liability. A policy of professional liability insurance in an amount not less than $1,000,000 2,000,000 per occurrenceoccurrence or claim, $2,000,000 aggregate.