Dental lab professional liability insurance is also known as Errors and Omissions, or E & O. This coverage is critical for your company to secure, because if you make a professional mistake your clients will sue you for the damages and losses. Unfortunately, you may even be the subject of a lawsuit when your dental lab is not at fault. Even then however, you would still have to spend the time and money to defend yourself against the charges.
If, for instance, a dentist client claims that you caused them to lose patients and income because of a mix up in lab results, you would have to address the issue by responding to the legal actions taken. Without dental lab professional liability insurance, you may find yourself spending a lot of money out of pocket for litigation expenses, and losing income due to time you have to spend away from lab work.
Errors and Omissions insurance helps protect you against legal actions and financial losses that can occur when a client sues your company. Your dental labs professional liability coverage can be configured so that it pays your legal fees, pays you for lost income, and pays settlements or awards to clients when applicable.