Insurance Agent Professional Liability

Offered by RPS Signature Programs

Agents Insurance Agents & Brokers Mid-Sized Businesses Wholesale MGA

Description

RPS Signature Programs’ product for Insurance Agents and Brokers covers mid-size to larger insurance agencies, wholesalers and managing general agents (MGA).

Coverages
· Claims-made or claims-made and reported
· Defense outside of the limits
· First dollar deductible
· Deductible aggregated to three times per loss
· Deductible reduction credits (settlement without litigation)
· Contractual liability included for broker/agent agreements
· Insolvency B+/demotech/government backed or operated
· Punitive damages (if insurable by law)
· Broad personal injury coverage
· Spouse/domestic partner
· Final adjudication language (conduct exclusion)
· Modified hammer (up to 80/20)
· Automatic independent contractor (on behalf of insured)
· Loyalty discounts
· Choice of counsel
· First party security privacy breach ($25,000 to $250,000)
· Broad definition of professional services
· Additional expense/loss of earnings outside limits
· ERP options up to 5 years
· Blanket predecessor coverage
· Available nationwide, coverage is admitted and non-admitted depending on the state and is NJ/FTZ admitted for all programs.

Target
· Agencies with $300,000 to $15,000,000 in revenue

Limits
· 1,000,000 to $5,000,000

Listing Contacts

Adrienne Woodhull

+1 more contact

Offered By

RPS Signature Programs

23 listings in 50 states + DC

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Availability 44 states

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

Covered

Not Covered

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