Errors and Omissions coverage is commonly abbreviated as E&O. It is also called professional liability coverage, or professional indemnity coverage. Wise annuities and mutual fund representatives who offer advice and services to their clients have E&O coverage to protect themselves from possible law suits. Their customers may claim that an annuities or mutual fund representatives was negligent in properly explaining the products. Errors and Omissions policies are written to protect representatives from their customers against such claims and lawsuits, whether real or frivolous.
As an annuities or mutual fund representative you may also sell other products. Many times these additional products will greatly increase your sales. You may also find that customers that have multiple products with you will remain with you longer. They may even refer their friends and family to you. You will find, as you grow your business, that referrals are the foundation to a strong, healthy, and long-term business. Growth also puts you at more risk.
Most Errors and Omissions policies are written in such challenging language that the average person cannot understand what they mean. Large companies typically hide exclusions, limitations, and conditions of coverage within the fine print. This devious business practice is unfortunately common in this industry.
They may quote you a low annual premium up front, but by the time you have endured the endless paperwork, your rate may have doubled and every six months after you can expect a rate increase. To make things worse, you likely be cancelled if you ever have a claim. But this is not the case with ACE Financial Group. Just answer 12 simple questions and get your instant quote.
ACE Financial Group Ltd proudly breaks the mold. ACE offer a customizable E&O Policy, where you can select each individual coverage type you need. Therefore, you only pay for the exact coverage that is right for you. If you’re searching for the lowest price for E &O, you’ve found it with ACE Financial. Simply click on the "Instant Quote" link below to take advantage of their quick and easy online quote and application process.
Errors and Omissions Insurance Policies are also riddled with many limitations, exclusions, riders, rate-ups and limits, written in a legalize boilerplate format in order to shield the insurance company from ever paying out in a claim. As the business owner, you need to be very savvy against their manipulation by considering an alternative to their insurance policy games.
Therefore, ACE Financial does not offer an insurance product, but a very effective alternative to insurance by using a risk-sharing group of like-minded industry professionals. We protect our own family by grouping together these low-risk professionals in a policy that is designed and customized to protect them in an honest, practical, cost saving manner. This allows ACE Financial to offer one of the lowest rates in the industry. This risk-sharing method has legally and effectively been used for hundreds of years successfully with farmers, churches, many other professions and governmental agencies.
At ACE Financial, we offer errors and omissions coverage tailored to your specific needs and budget. We understand the unique risks and challenges that you face as a professional in your occupation. We can help you find the best policy that suits your personal and professional needs. We can also provide you with a certificate of liability coverage that you can use to prove your coverage to your clients or partners.
Don't let an unexpected claim or lawsuit ruin your business. Contact us today to get a free quote and learn more about our errors and omissions coverage options. We are here to help you protect your business with confidence and peace of mind.
For personalized advice, to explore the best coverage options for your business, and to get a low rate quote, reach out to our expert customer service advisors today.
For specific insurance details, terms, and conditions, please consult with a licensed insurance professional. The information provided here is for informational purposes only and does not constitute legal or financial advice.