Our E&O HQ provides insight, guidance, and resources enabling ethical business practices and claim avoidance. Stay on top of the latest news, trends, & compliance at our E&O Headquarters sponsored by National Ethics Association. For more resources visit our sponsor’s Consumer Hub & Ethics Center pages.
The Benefits of Being Covered with E&O InsurancePosted by: Harry Lew on August 15, 2017
As you gain experience and grow an increasingly affluent client base, your income will grow in tandem. This is normally a good thing, but not from an E&O insurance perspective. That’s because the more money you make, the more financially successful you will appear to be in your clients’ eyes. And the more successful you seem, the more likely you will become a litigation target.
What Start Up Businesses Need to Know about EO InsurancePosted by: EOForLess on July 31, 2017
One of the biggest downsides of all: the unique E&O risks that start-up businesses face. Which makes it crucial that financial advisors learn about—and buy—errors and omissions insurance.
Top 3 Most Common Cases You Need E&O Insurance ForPosted by: EOForLess on July 17, 2017
If you’re a successful insurance agent, you will likely spend most of your time developing new business. Just about every facet of this process subjects you to large E&O risks.
Trusted Life Agents Have E&OPosted by: EOForLess on July 11, 2017
In today’s busy, stressful world, any product that helps the seller and the served as powerfully as E&O insurance does is a product worth having, especially if it builds trust as well.
What to Look for When Purchasing E&O InsurancePosted by: EOForLess on July 5, 2017
There are six things to look for when purchasing E&O insurance. The first two things—the insuring clause (i.e., whom the policy protects and when will it provide benefits) and the exclusions (conditions under which benefits aren’t available) are integral to the policy contract.
How One Client Can Ruin Your Business | Errors and OmissionsPosted by: EOForLess on June 23, 2017
All it takes is one mistake to turn a client against you and ensnare you in a nasty legal proceeding. And if the case doesn’t go your way, it’s all too easy to have everything you’ve worked so hard to achieve go up in smoke. Don’t let this happen to you. Do business defensively and take steps to protect yourself against nasty client lawsuits by purchasing comprehensive, affordable E&O insurance from EOforLess.com.
Top Reasons to Buy Your Errors and Omissions Insurance from EOforLessPosted by: EOForLess on June 9, 2017
Insurance and financial professionals are typically required to buy errors and omissions insurance. So the question isn’t whether they need to buy errors and omissions insurance, but rather where to buy it from.
How Errors and Omissions Insurance Factors into Online TrustPosted by: EOForLess on May 31, 2017
Most insurance agents today understand how errors and omissions insurance lowers their risks of doing business. But they may not see how errors and omissions insurance builds online trust.
E&O Insurance Business EthicsPosted by: EOForLess on May 25, 2017
The starting point for creating trust: words. You must always strive to speak from a place of deep authority. Know what you’re talking about, and project that expertise in every consumer interaction, whether personal or via your website.
Top Three Ways Life/Health Agents Get into E&O TroublePosted by: EOForLess on May 19, 2017
The vast majority of life and health insurance agents are ethical, compliant with industry regulations, and have meticulous business practices. But even the best agents make mistakes, and when this happens, lawsuits often follow.