Do we need both E & O AND an LLC or one or the other?

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PostPosted: Fri Oct 09, 2009 8:47 pm   Post subject: Do we need both E & O AND an LLC or one or the other?  

WE are a fledgling 2 person education consulting business and want to be legally covered as simply as possible. Do we need both E&O and LLC or will one or the other suffice?Thank you.
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PostPosted: Sat Oct 10, 2009 3:20 pm   Post subject:   

You're talking about two different things. E&O (Errors and Omissions) is liability insurance coverage, similar to malpractice coverage.

An LLC is a Limited Liability Corporation; nothing more than a type of business entity formation, such as a sole proprietorship or partnership are business entities.

Kind of confused...can you explain your concerns?

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