Professionals >> Life & Health Agent >> Errors & Omissions
Life & Health Agent Error and Omissions from Insurance Management Associates, Inc.
As a life and health insurance agent you know that liability is everything—and oftentimes your typical business insurance policy just isn’t enough.
E&O insurance for insurance agents is specifically utilized to cover your agency, or you individually, in the event that a client decides to hold you responsible for a service you provided, failed to provide, or a service that unsuccessfully produced the expected or promised results.
E&O insurance for insurance agents typically offers coverage for judgments, settlements and defense costs. Even if the allegations against you are found to be unjustified, thousands of dollars may be needed in order for you to defend the lawsuit. Unwarranted lawsuits can bankrupt a small Life and Health agency or individual and have been known to have a lasting effect on an agency’s bottom line.
You’ve worked hard and dedicated yourself to the success of your agency, so why allow it all to be at risk?
Protect your life and health agents with our custom plan of E&O insurance for insurance agents. Call us today.