I worked in a computer shop when I was still in the Philippines, 9 years ago. It was actually my first employment since I graduated from college. I was a data encoder at that company. It wasn’t really a big company but it was enough to accept more than 10 employees. My employer is a Chinese and it was so important for him to protect his company and employees. He made sure that he has an error and omission insurance just in case clients complain for any business related negligence. As a businessman/woman, I think it’s a must to have this kind of insurance because we don’t want to loose our business because of the damages that the clients have made against the business and not having a professional liabilities insurance would add some pressure to the business and can sometimes cause for bankruptcy. We don’t want that to happen, so it’s necessary to consider having this type of insurance for our business protection.