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The Five 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 errors and omissions insurance are, he (or she) might say E&O insurance generates cash to help […]
Top Questions Business Owners Have about E&O Insurance
Top Questions Business Owners Have about E&O Insurance and Where to Buy It As an insurance or financial-services business owner, it’s fair to assume you’re pretty sophisticated in your understanding of insurance. You’ve likely sold life insurance, health insurance, annuities, or property-casualty insurance in the past. You definitely know your way around a specimen insurance […]
Are Your Advisory Fees Sloppy or Deceptive? Watch out for the SEC!
If you’re an investment advisor, one of the quickest ways to run afoul of the Securities and Exchange Commission (SEC) is to make statements in your Form ADV that you fail to execute. When this happens in connection with investment-advisory fees, the SEC will be especially unhappy with you. To motivate advisors to not play […]
Top Life Insurance Claims of 2017 . . . Keep Your Business Protected
What’s the best way to keep your life & health insurance business protected against client lawsuits? The most important, obviously, is to have E&O insurance. But close behind is making sure your business practices don’t make you vulnerable to common E&O insurance claims. According to a major E&O insurer, they are most likely to arise […]