Business, services, and revenue profile
Record the legal business, related entities, professional services, client types, revenue by service line, and changes that may affect an application or coverage review.
E&O coverage review resource
E&O Insurance Application-Readiness & Coverage Review Workbook
A practical workbook for consultants and service firms organizing the facts, documents, and questions that may shape an errors and omissions (E&O) insurance review.
Need help comparing professional liability options? Explore E&O insurance coverage.
Get the E&O coverage review workbook
Enter your email to receive the workbook and organize the details that may shape an E&O review.
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This workbook is educational and is not an insurance application, policy, contract, legal advice, or coverage determination. Actual coverage depends on the policy form, declarations, endorsements, underwriting, covered events, and facts of a claim.
Before the review
Organize the facts behind your E&O review
E&O insurance, often called professional liability insurance, is shaped by the professional services your firm provides and the financial loss a client may attribute to those services. This workbook gives you a place to record the details, documents, and questions that need a closer look.
Client contracts and certificate requests
Track client requirements, deliverables, limits, requested parties, deadlines, certificate wording, and contract terms that may need a closer look.
Team, related entities, and subcontractors
Identify who performs, supervises, reviews, or subcontracts client work, including firms that handle data, systems, credentials, or deliverables.
Questions worth bringing
Bring the right questions to the review
The workbook helps you compare the policy you have with an option you are considering, keep source documents with the question, and separate known facts from items that need clarification.
Current E&O policy and claims-made continuity
Record policy dates, named insureds, limits, retention, retroactive date, prior-acts wording, endorsements, and the policy documents available.
Policy terms and quote comparison
Compare professional services, entities, dates, limits, retention, exclusions, endorsements, defense provisions, reporting provisions, and contract requirements.
Claims, known circumstances, and connected risks
Keep dates, parties, complaints, notices, documents, reporting questions, and related E&O, cyber, general liability, property, or vehicle questions together.
A claims-made policy can make the timing and manner of reporting important. This workbook is not a claim notice. Follow the reporting instructions in the current policy and contact the carrier or broker promptly when a situation may need to be reported.
Built for working teams
Who should use this workbook
Use the workbook when you need to gather the facts before an application, renewal, policy comparison, client requirement, or question about professional services.
- Consultants and advisors applying for E&O insurance for the first time.
- Professional-service owners renewing, replacing, or comparing a policy.
- Operations and account teams reviewing a client contract or certificate request.
- Firms adding a service, client type, subcontractor, or technology process.
- Teams gathering facts after a disagreement, complaint, or situation that may need discussion.
- Anyone who wants the source document beside the question it creates.
Common questions
E&O coverage review questions
Use these answers to decide whether the workbook fits the policy, renewal, contract, or professional-services question you are reviewing.
What is the E&O coverage review workbook?
It is a practical workbook for consultants and service firms organizing business details, client requirements, policy terms, and questions before an E&O coverage review.
What should I gather before reviewing E&O insurance?
Gather your legal business details, professional services, revenue information, client contracts, certificate requests, team and subcontractor details, current policy documents, and any written complaint or notice.
Is E&O insurance the same as general liability insurance?
No. E&O insurance generally addresses allegations of financial loss connected to professional services, while general liability commonly addresses third-party bodily injury or property damage.
Why do client contracts matter in an E&O review?
Client contracts can describe services, deadlines, responsibilities, limits, indemnity language, data obligations, and insurance requirements that may need to be compared with the policy wording.
Can the workbook determine whether a claim is covered?
No. The policy, declarations, endorsements, underwriting, covered events, and facts of the situation control coverage. Use the workbook to organize questions for the carrier, broker, or qualified legal counsel when appropriate.
Continue the review
Keep learning about professional liability coverage
Review the coverage topic in more detail, then bring the workbook and source documents to a conversation about the questions that matter to your firm.
Next step
Have questions about your E&O coverage?
Bring the workbook and your policy documents to a conversation with a Dream Assurance agent. We can help you compare options, identify details that need review, and decide what to do next.