It’s important to know that the professional liability insurance will not cover any intentional or criminal acts against a client. If your Error Omission Insurance will expire you should keep it in a safe place. Make sure you don’t throw it away for at least 10 years. You never know when you will need it again. A claim can be made against you after a long period of time. This is why you should save your expired insurance policy. Every professional should have professional liability insurance. In case you risk exposure to a lawsuit you can consult an insurance company. An agent can help you decide what type of policy is the best for your career. This is an important decision and you need to be well informed. The errors and omissions insurance can help you save a lot of money.