E And O Insurance For Life Insurance Agents
Within the province of ontario insurance agents much have errors and omissions insurance as set forth by section 17 of regulation 633.
E and o insurance for life insurance agents. Click here to view policy details. This is why licensed life insurance agents in ontario are required by law to have errors and omissions coverage. New limits of liability 1m per claim 3m aggregate 15 000 000 total master policy aggregate for all non new york insureds. Life accident and health insurance agents errors omissions e o liability travelers life and health insurance agents errors and omissions liability coverage is managed in conjunction with the national association of health underwriters nahu and mercer consumer to ensure coverages are tailored to specific errors and omissions exposures.
That s why cna offers life agents and registered representatives errors omissions insurance. E o insurance for life insurance agents. This policy covers expenses related to customer injuries customer property damage and advertising injuries such as slander. Click bind and print your life health agents e o insurance policy in 5 minutes.
Our coverage is insured by aspen insurance an a m. While e o insurance covers potential fallout from a professional mistake it does not provide complete protection. E o insurance for life health agents great coverage. Claims adjusters life insurance agents and other insurance professionals should also consider.
The process is complicated by the fact that the requirements deviate from one province to another. In order to sell activities with a life insurance agent s license the insurance is a must. Life agent policies provide liability coverage for claims arising from professional services performed by the sale or servicing of insurance products. Installments from 27 07 or 364 80 in full.
As a life agent or registered representative. Our program is administered by melgro insurance holdings. Failing to do so can result in the suspension or revocation of your license. Best a rated excellent carrier.