[D004]

data processors errors and omissions insurance

A special liability insurance policy designed to provide protection for insureds who offer data processing services to others. Coverage is for injury and damages resulting from negligent acts and errors or omissions in the rendering or failing to render of data processing service on the financial data or financial records of others.

(See Data Processing Equipment Insurance, and EDP Insurance.)

Copyright: The Rough Notes Company, Inc., 1998, All Rights Reserved. 3040100