Direct answer
Yes, it is highly recommended because professional liability insurance covers legal costs and damages if a client claims your advice or services caused them a financial loss due to errors or omissions.
Standard commercial risk management guidelines for technology service providers. For additional information about technology risk management, see the Cybersecurity & Infrastructure Security Agency’s guide to cyber essentials.
What this means for you
Yes, it is highly recommended because professional liability insurance covers legal costs and damages if a client claims your advice or services caused them a financial loss due to errors or omissions.
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