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Published: Monday, March 17, 2008  

Errors and Omissions...You Need It Now!
By Jim Robinson

Protection Against Things That Can Go Bump In The Night!
You have heard of malpractice lawsuit against doctors and lawyers. Well, it should not take you by surprise that Financial Services Professionals may be taken to court for malpractices as well. Financial Services Professionals need professional liability insurance for the same reason that doctors and lawyer do i.e. protection against malpractice lawsuits.
 
 If the Financial Services Professional causes financial injury to a consumer or client based on services within their area of expertise, they must be held accountable. 

The question is not "Do I need it". The question is "How Much?" GET THE FACTS


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The articles published here represent the personal views of the author(s), and not necessarily the views of any securities firm, insurance company, FINRA, SEC or organization with which he or she may be affiliated. All statements made in these articles are for general information only and are not intended to provide, nor should they be relied on as, legal or investment advice.  Readers must consult with their qualified investment, tax or legal advisors before relying upon any content contained herein. Statements made in these articles may be incorrect for your state or jurisdiction. Also keep in mind that at the time when you read such statements the underlying rules, regulations and/or decisions may no longer be controlling or persuasive as a matter of investment or insurance law or interpretation.