Designed to serve the small individual agent selling Life & Health Insurance and Mutual Funds. The NAHU-endorsed Professional Liability (E&O) Program is designed to meet your needs. Coverage is underwritten by Travelers Insurance Company and is administered by Marsh Affinity Group Services.
24 hour protection against claims arising from negligent acts, errors or omissions arising from your activities as an individual agent or broker.
Limits include both a per claim limit and a higher annual aggregate limit:
- $100,000 / $300,000
- $250,000 / $750,000
- $500,000 / $1,500,000
- $1,000,000 / $3,000,000
- $1,000
- $2,500
- $5,000
- $10,000
As long as the products you sell are fully insured by an admitted carrier and rated A- or better by A.M. Best at the time of placement, you are protected against legal liability as a result of future insolvency of the carrier.
Protects you against personal injury lawsuits resulting from slander, libel, invasion of privacy or false arrest while performing professional services as an insurance agent or broker.
Coverage is available for you as life / accident / health agent, general agent or broker and includes your non-licensed staff. (If you have independent contractors / sub-agents, need property and casualty coverage, or write self insured / self funded business, you must complete the agency application and applicable supplements).
- Options are available for extended reporting endorsements.
- Free 60 day extended reporting endorsement should you leave the program or your coverage lapses.
- For a sole Proprietor, extended reporting coverage is available at no additional change in the event of death of the Named Insured or in the event of retirement or total disability when the Named Insured has been continuously insured by the insurance carrier for at least five years.
- Consent to Settle.
- Mutual Funds Coverage is available.
- Coverage for unintentional disclosure of confidential information.
- E-commerce coverage sub-limit of $100,000 included at no charge.
- Reimbursement for Disciplinary Proceedings Defense Cost up to $10,000 per policy period.
- Financial Planning: Coverage for financial planning activities is included with the policy for acts involved the sale or servicing of a covered insurance and/or Mutual Fund product.
Submit your online application today to request a no-obligation premium quote.
Designed to serve the agency selling Life & Health Insurance and Mutual Funds. The NAHU-endorsed Professional Liability (E&O) Program is designed to meet your needs. Coverage is underwritten by Travelers Insurance Company and is administered by Marsh Affinity Group Services.
24 hour protection against claims arising from negligent acts, errors or omissions arising from your agency's activities.
Limits include both a per claim limit and a higher annual aggregate limit:
- $100,000 / $300,000
- $250,000 / $750,000
- $500,000 / $1,500,000
- $1,000,000 / $3,000,000
Wider range of limits available with a maximum limit of $5,000,000 / $5,000,000.Choice of Deductibles
- $2,500
- $5,000
- $7,500
- $10,000
- $15,000
- $25,000
- $50,000
- $100,000
As long as the products you sell are fully insured by an admitted carrier and rated A- or better by A.M. Best at the time of placement, you are protected against legal liability as a result of future insolvency of the carrier.
Protects you against personal injury lawsuits resulting from slander, libel, invasion of privacy or false arrest while performing professional services as an insurance agent or broker.
Coverage is available for you as life / accident / health agent, general agent or broker and includes your non-licensed staff. (If you have independent contractors / sub-agents, need property and casualty coverage, or write self insured / self funded business, you must complete the agency application and applicable supplements).
- Options are available for extended reporting endorsements.
- Free 60 day extended reporting endorsement should you leave the program or your coverage lapses.
- For a sole Proprietor, extended reporting coverage is available at no additional change in the event of death of the Named Insured or in the event of retirement or total disability when the Named Insured has been continuously insured by the insurance carrier for at least five years.
- Consent to Settle.
- Mutual Funds Coverage is available.
- Coverage for unintentional disclosure of confidential information.
- E-commerce coverage sub-limit of $100,000 included at no charge.
- Reimbursement for Disciplinary Proceedings Defense Cost up to $10,000 per policy period.
- Property and Casualty Insurance Coverage is available
- Financial Planning: Coverage for financial planning activities is included with the policy for acts involved the sale or servicing of a covered insurance and/or Mutual Fund product.
Who is covered under my policy?
Under the definition of insured, the named Insured is covered as well as any past, present or future principal, partner, officer, director, stockholder trustee or employee of the Named Insured with respect to the defined professional services performed on behalf of the Named Insured.
Are prior acts covered?
Yes, with evidence of first date of continuous coverage.
Do I have to be a member of NAHU to participated in the Program?
No. Membership is not required. NAHU membership does include a 10% discount on your E&O.
Is coverage for Series g (Mutual Funds) available under this program?
Yes. For an additional premium, coverage for Mutual Funds is available.
What is the turnaround time for a quotation once I submit my application?
The average processing time runs approximately seven to ten business days.
Do I have to place all of my business with A-rated carriers?
You are not restricted under this policy on where you can place business. However, there is no coverage for claims arising out of insolvency for carriers rated less than A- by A.M Best at the time of placement.
How is Property & Casualty coverage handled in the Program?
The NAHU-endorsed Professional Liability Program will consider P&C coverage.