Provides coverage of legal fees for your defense should a claim against you arise from acts of professional negligence, whether you're liable or not. It's also known as errors and omissions liability.
For example: If you or your business fail to provide professional service within reasonable time, causing financial loss to a client or if a claim that your professional services or advice resulted in significant damage or loss to a client. Or, if an agent overlooks critical information, resulting in your client not receiving an agreed upon service.
Professional liability insurance provides protection for you and your company against claims that your professional services or advice may have caused a client significant financial loss, as a result of negligence or mistakes.
For professionals providing life insurance sales and servicing, disability income insurance, registered retirement income funds, registered retirement savings plans and more in Canada, we offer you a quick and easy insurance solution that provides you with the right coverage instantly when you need it.
Life Agents Errors & Omissions (E&O) Insurance provides coverage for licensed life agents and licensed accident and sickness agents. When part of your job description is serving your clientele with financial planning, advice and consultation, having Life Agents E&O is incredibly important. It protects these professionals liability coverage for negligence, such as “alleged failure to do on the part of, financial loss caused by, and error or omission within the services offered or product sold by your business”.
With Life Agents E&O insurance, premiums start at only $495 including up to $2M in coverage limits to fit your needs. Monthly payment options are available. You will receive a direct quote, and then you can bind online. Once bound, you will have instant access to your policy documents. Through this quick and easy process, know that your business operations can now be protected.
Licensed Life Agent
Licensed Accident & Sickness Agent
Life Insurance Sales and Services
Registered Investment Product Consultant
Due to the various types of life agent representatives, you will receive the right Life Agents E&O insurance coverage that will suit your particular wants and needs. With a click of a button, all you have to do is sign up online!
Purchase your Life Agents E&O insurance package today!
Should you require some additional assistance with the quoting process, contact Oracle RMS Ontario to speak directly with one of our licensed brokers who will be more than happy to help you.