errors and omissions insurance

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er·rors and o·mis·sions in·sur·ance

(ĕr'ŏrz ō-mish'ŭnz in-shŭr'ăns)
Professional liability insurance for medical transcriptionists.
References in periodicals archive ?
Unfortunately, many of the foregoing error and omission discoveries are all too commonplace.
The problems the firm faced included rapid growth, inconsistent pricing among its branch offices, unacceptable post-invoicing error and omission correction rates, increased customer demand for consistent pricing and an urgent need to maintain competitive advantage using state-of-the-art technology to service customers.
In addition, the upfront software, licensing, error and omissions insurance, and bond costs have been eliminated.