It is always better to prepare for the worse but plan for the best. Entrepreneurs sometimes overlook the fact that E & O insurance is an inexpensive investment worth purchasing. The insurance will include you, your company, employees and subcontractors working for you. The insurance will also provide coverage worldwide, wherever your work is being done. Purchasing the product before contracting a commitment is the ideal time to buy. Many people require proof of this insurance before contracting and will often state it in their written contracts.
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