Benefit Administrators Errors and Omissions Insurance
CITA Insurance Services, a leading national provider of professional liability insurance.
We offer a professional liability insurance program specifically for Benefit Administrators, Consultants, and Pension Actuaries.
Coverage protects you from claims arising from actual or alleged negligent acts. This product, also referred to as errors and omissions or E&O, is backed by the security of Fireman’s Fund, an insurance carrier rated A (Excellent) XV by AM Best & Co.
Program Features:
- Coverage for claims made against you in the conduct of your profession as a: Pension Actuary, Actuary, Pension Consultant/Administrator, Employee Benefit Plan Consultant/Administrator, Life Agent, Accident and Health Agent, and/or Notary Public.
- Insured includes you, your business entity, the business entity where you are employed, along with any current and former employees, partners, officers, directors, stockholders, heirs, executors, and independent contractors while working on your behalf.
- Coverage includes claims resulting from prior acts performed back to the date of first continuous E&O insurance coverage.
- Extended reporting period to report claims is available for 12 months.
- Limits available from $1,000,000 up to $5,000,000. Higher limits may be available.
- Defense is in addition to the Limits of Liability.
- Deductibles available from $5,000 up to $25,000.
- Eligible for product: Benefit Administrators and Consultants
- Competitive Rates
Place your coverage with a leader, CITA Insurance Services. |
| States Available | AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, WY |
| Provider Type | Program Administrator |
| Admitted | All Available States |
| Carriers | Fireman's Fund Insurance Company |
| Carrier Ratings | A (Excellent) XV |
| Commission | 10.0 |
| Min Premium | |
Coverages
Actuaries and Actuarial Consultants Insurance
Actuaries and Pension Consultants Professional Liability Insurance
Benefit Plan Administrators Insurance
Consultants Insurance
Employee Benefit Consultant Professional Liability Insurance
Employee Benefits Plans Liability Insurance
Pension and Actuaries Consultants Professional Liability Insurance
Third Party Administrators Professional Liability Insurance
Third Party Benefit Consultants/Administrators Insurance
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