800-533-4579

Level IV

LEVEL IV COVERAGE PROVIDES FOR THE FOLLOWING:

  • Coverage applies to Life, Accident & Health Products, Medicare Advantage, Medicare Supplemental, Indexed & Fixed Annuities, Disability Income, Mutual Funds and Variable Products
  • Annual Premium for 11/1/2017 to 11/1/2018 is $679.00 - premiums are pro-rated based on requested effective date
  • Liability Limit: $1,000,000 per claim and $2,000,000 total annual aggregate per agent
  • Program Annual Aggregate Limit: $10,000,000
  • Defense Costs are provided within the limit of liability
  • Deductibles apply to Loss, including Defense Costs:
    • $500 per claim - Life, Accident & Health Products, Medicare Advantage, Medicare Supplemental
    • $2,500 per claim - Indexed & Fixed Annuities and Disability Income
    • $5,000 per claim - Mutual Funds & Variable Products
  • Full Prior Acts Coverage for qualified Agents and Registered Representatives back to date of first continuous E&O coverage
  • A- or better insolvency carve back
  • 12 Month Extended Reporting Period (ERP)
  • Click here to download a copy of the policy

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