Erreurs et omissions du courtier

Erreurs et omissions du courtier

Services de gestion TSW inc. est heureux d’offrir un programme complet d’assurance contre les erreurs et les omissions pour les courtiers d’assurance en partenariat avec notre assureur national canadien (coté “A” par A.M. Best).

Principales caractéristiques

  • Claims First Made during the policy period.
  • Broad definition of Insured (including predecessor firms).
  • “Pay on Behalf of” and “Duty to Defend” wording.
  • Full Retroactive Coverage.
  • Defense Costs – Outside of the Limit of Liability ($2MM aggregate costs per claim).
  • First Dollar Defense available.
  • Life Insurance Agents covered.
  • Canada and the USA Territory.
  • Non-Cancelable (except for non-payment of premium).
  • Punitive Damages coverage within Canada.
  • Insured vs. Insured – Claims covered arising out of insurance placements for staff.
  • Up to Eight Years of Extended Reporting Period provision.
  • Soft Hammer Clause (Defense Costs Inclusive).
  • $5,000,000 Primary Limit of Liability available.
  • Excess Limits available up to $20,000,000 (and more if needed).
  • Retention Reduction Clause reduces your Retention by 50% (up to $5,000) when you retain documentation of declined coverage when pertinent to the claim.
  • $50,000 Disciplinary/Regulatory Proceedings coverage.
  • $15,000 Loss of Documents Expense.
  • 30 Day Acquisition Clause.
  • $10,000 Identity Theft coverage. This protection is provided to all the personnel of your office. By purchasing your Broker’s E&O insurance with TSW, your staff is covered for up to $10,000 to help restore financial health and credit history as a result of identity fraud.

You owe it to your bottom line to obtain a competitive quote with superior coverage from TSW.