Which of the following liability risks would be adequately managed by errors and omissions insurance?

Question

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Errors and omissions (E&O) insurance is also known as professional liability insurance. It helps protect professionals from lawsuits alleging negligence or inadequate work. Therefore, liabilities arising from negligence in the provision of professional services would be adequately managed by E&O insurance. Other options such as liabilities arising from performance of obligations of corporate directors and officers may be covered under directors and officers (D&O) insurance. The insured's portion of the loss that is insured against out of his/her own assets may be covered under deductible liability insurance. Finally, the cost of environmental cleanup of the insured's property arising from business activities may require specialized insurance such as environmental liability insurance.

Which of the Following Liability Risks Would Be Adequately Managed