What type of insurance should a coach consider for liability management?

Errors and omissions insurance is crucial for coaches as it provides protection against claims of negligence or inadequate work. This type of insurance specifically covers situations where a client may allege that the coach's advice or actions led to financial or emotional harm. Given that coaching involves providing guidance that clients rely on for personal or professional development, the potential for error requires this specialized coverage.

Health insurance, auto insurance, and life insurance serve different purposes and do not address liability associated with the coaching profession. Health insurance focuses on medical expenses, auto insurance pertains to vehicle-related incidents, and life insurance provides financial protection for dependents in the event of death. Therefore, for liability management within a coaching practice, errors and omissions insurance is the most relevant and protective option.