documentation-blessing-curse-financial-advisors

Documentation—the practice of summarizing every key client conversation and decision in writing—is a crucial part of your day. It not only produces a paper (or electronic) trail of your regulatory compliance, it helps to support your legal defense in case a cl­ient takes you to court.  For these reasons, compliance officers and attorneys are big […]

5-reasons-why-eo-insurance-build-client-trust

“Actions speak louder than words,” goes the old saying. This is especially true in life insurance, where agents who deliver on their promises outpace those who only make empty promises. One especially important action is purchasing E&O insurance for your business. This doesn’t just protect your finances against client lawsuits; it sends a powerful message […]

what-is-eo-insurance-coverage

Are you a life, health, or property-casualty insurance agent? Do you do investment or financial planning for a fee? Then you know all of these fields can be excellent ways to make a living—both financially and psychologically. But you also know they can be risky. Sometimes insurance or financial professionals do something wrong or fail […]

benefits of errors and omissions insurance

What Every Advisor Needs to Know about Errors and Omissions Insurance People new to business often confuse a product’s features with its benefits. For example, if you were to ask a new life insurance agent what the benefits of having errors and omissions insurance are, he (or she) might talk about how E&O insurance generates […]

E&O Headquarters

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.

Categories

Recent Posts

Archives