Individual Life Agent E&O Insurance—$450 annually
Key Components of E&O Insurance for Life and Health Agents
Our E&O with Cyber Liability Insurance offers:
You are liable for the fiduciary duties you perform. For IMO-affiliated agents, ERISA and vicarious liability are included in your coverage.
Lockton Affinity’s Life Agent’s E&O coverage for life and health agents automatically includes Cyber Liability with a limit of $250,000 and a $100,000 sublimit for Legal Forensics.
INDIVIDUAL POLICY LIMITS
Lockton Affinity’s Life Agent’s E&O policy has individual limits of $1,000,000 per claim/$3,000,000 aggregate, rather than a group master policy with a shared aggregate limit. Having an individual aggregate limit means you don’t have to be concerned about someone else exhausting your funds in the event of a claim.
For professionals selling Life and Health and fixed annuity products, policies begin with $450 premiums and $0 deductible. For qualifying accounts, Series 6 Products and P&C Personal Lines coverage is also available for an added cost.
SPEED AND EASE
Through Lockton Affinity Advisor, you can get a quote and purchase a Lockton Affinity Life Agent’s E&O and Cyber Liability policy in less than 10 minutes.
Our representatives are knowledgeable about insurance and the needs of life and health agents. We will provide guidance throughout the process and ensure you get the exact coverage you need.