Errors and Omissions Coverage for Credit Counselors

A credit counselor (also called debit counselors) help consumers manage their debt and guide them toward a brighter financial future. Whether you work as a Debt Counselor or Credit Counselor, having Errors and Omissions coverage is an important consideration worth your time. There is a great deal of trust between a Credit Counselor and their client. Your clients are usually in a very vulnerable position by the time they seek a Debit or Credit Counselor and your guidance can have major impact on your client’s financial future. That trust is critical when a Debt Counselor guides their client through the maze of managing their debt and steering clear of scams that take advantage of those in debt.

As a Debit Counselor you enjoy the world of finance and helping people. You work hard at negotiating on your client’s behalf. But even the parts of the job you are well-suited for can put you at risk. If you have spent the time and money to become certified, you have even more at stake. Errors and Omissions coverage can help mitigate your exposure. All you need to do is click on the "Instant Quote" link at the bottom of this page to take advantage of our quick and easy online quote and application process.

As a Debit Counselor you build financial plans, create client agreements, develop debt-relief strategies, and negotiate payments to creditors. Your clients trust that they receive sound advice. They also expect a Debit Counselor to keep their financial records, bank statements, credit reports and tax information private. This work comes with lots of responsibility and risk. The smallest error could have a grave impact on your client’s already suffering finances. You could be held liable for these mistakes. Even false claim against you can result in big expenses.

This is why you want Errors and Omissions coverage. Imagine the financial ramification if you had to spend your hard-earned money defending yourself in court. An E & O policy gives you peace of mind that a simple mistake or unintentional oversight will not result in legal fees you are unable to pay.

If you are wisely looking to protect yourself with low cost Errors and Omissions coverage, you could do no better than quick affordable E&O Coverage for Debt Counselors offered by ACE Financial Group Ltd. Take advantage of our easy online quote and application process. You should be done in less than 15 minutes.

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.