Need Errors & Omissions Insurance? Some companies require agents to have E&O coverage in order to get appointed. An E&O policy provides protection against claims arising out of errors, acts, or omissions of the insurance agent or any other covered person for whom the insured agent is legally liable in t he rendering of, or failing to render professional services for others in the capacity as an insurance agent and/or registered representative (if applicable).
Life Masters Insurance Services highly recommends having E&O Insurance due to E&O claims being filed on 1 out of 7 agents annually.
Companies that require E&O Insurance:
- Loyal
- Indianapolis Life
- West Coast Life
- Empire General
- Union Central
- United of Omaha
E&O Insurance is offered through several companies. All provide adequate coverage at a reasonable price. For applications, please contact any one of the following carriers: