Life & Health Insurance Agents/Agencies in Canada
Your agents/brokers arrange protection for the family members of their insureds. Similarly, you as the agency/brokerage manager must protect the agency/brokerage from the professional exposures created by your partners, officers, producers and employees.
Protect your agency/brokerage with our life agency Errors & Omissions coverage. Coverage is not tied to maintaining a relationship with a sponsoring life or health company.
E&O coverage
- Coverage for the insured or any person for whose acts the insured is legally liable
- Coverage available for the sale and service of Life & Health Insurance, GICs, Mutual Funds, RRSPs, RRIFs, and Financial Planning activities
- Limits up to USD 5 million
- Deductibles USD 1,000 through USD 25,000
- Prior acts
- Consent to settle
- Claims first made and reported
- Worldwide territory subject to suits brought in Canada or the United States
Top defense
- We provide defense in addition to limit of liability
- We assign local lawyers to represent defendants in the event of a lawsuit (at the underwriter's discretion, insureds may be eligible for first dollar defense)
- Nationwide expert claims staff and experienced lawyers who know your industry
