As a life agent or registered representative, you're charged with providing sound insurance and investment advice to your clients. While you strive to deliver appropriate recommendations and handle each case with care, sometimes missteps happen. Naming the wrong beneficiary to a policy or failing to properly research a company or investment product that you promote can lead to a claim against you.
Your customers trust and depend on you to look after them, but you must also safeguard yourself against risks. That's why CNA offers life agents and registered representatives errors & omissions insurance. Life agent policies provide liability coverage for claims arising from professional services performed by the sale or servicing of insurance products. It also provides coverage for claims arising out of actual or alleged wrongful acts of registered representatives. This can include the solicitation, sale or servicing of securities to clients and the financial planning or consultation in connection with those products.
If an incident occurs, our highly experienced claim professionals are dedicated to managing your claim to a timely resolution.