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Professional Liability & E&O Insurance for Consultants and Professionals

Protection when a client says your advice, design or service cost them money.

Professional liability — also called errors & omissions (E&O) — covers legal defence and settlements when a client alleges your professional service caused a financial loss. Consultants, IT and marketing firms, designers, real estate professionals and health practitioners commonly need it, and many contracts and regulators require it.

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gavelProfessional Liability (E&O) Insurance estimate

Coverage amount $500,000

$100k$1M$2M

Your age

YRS

Province / territory

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Estimated premium

$98.00 /mo

Typical range $98.00–$169

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Example: Consulting / IT / professional in Ontario, $150,000 revenue, 1 employees, $2M CGL · as of October 2026. Estimate, not an offer.

Coverage options

Types of professional liability (E&O) insurance in Canada

E&O

Negligence, errors or omissions in professional services.

Cyber & tech E&O

For technology and data-heavy services.

Directors & officers (D&O)

Personal liability of directors and officers.

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What affects your price

1Profession and services
2Revenue
3Claims history
4Limits and deductibles
5Contract requirements

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Your instant estimate

Estimates start from about

$98.00/mo

Example: Consulting / IT / professional in Ontario, $150,000 revenue, 1 employees, $2M CGL · as of October 2026. Not a quote — your price depends on your details and the insurer.

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Local rules & pricing

Professional Liability (E&O) Insurance by province

Learn before you buy

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Professional Liability (E&O) Insurance FAQ

policyHave a complaint about an insurer?

Start with the insurer’s complaint officer. Unresolved home, auto and business disputes can go to the General Insurance OmbudService; life and health disputes to the OmbudService for Life & Health Insurance.

What is the difference between CGL and E&O?

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CGL covers bodily injury and physical property damage to third parties. E&O covers financial loss caused by your professional advice or service. Many service businesses need both.

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Licensed Michael Le Chi, CFP Certified Financial Planner · Contributing author

Talk it through with a licensed professional liability advisor

Every request is matched with an advisor licensed in your province who compares insurers for you, explains the fine print and handles the application. No cost to you and no obligation to buy.

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