NAPA Direct Errors & Omissions (E&O) Insurance
NAPA Direct E&O Insurance is designed for insurance agents who do not participate in a company sponsored program. This comprehensive E&O Insurance offers three liability coverage levels and the opportunity to participate in an outstanding program backed by an AM Best A+ Superior rated national carrier. Don't lose your prior acts coverage! Sign up for a FREE E&O Renewal Reminder or secure your E&O Insurance today!
Beginning August 1st, agents selling indexed annuities have coverage under plan option B.
E&O Insurance Plan Highlights
-
Claims-made financial services professional liability coverage limited to services provided as a life/health insurance agent and series 6 registered representatives.
E&O Liability Coverage Options:
-
$1,000,000 per claim / $1,000,000 annual aggregate
-
$1,000,000 per claim / $3,000,000 annual aggregate
-
$2,000,000 per claim / $2,000,000 annual aggregate
deductibles:
-
$1,000 for claims arising from fixed life, health, disability insurance and annuities.
-
$5,000 for all other claims (e.g. variable products and mutual funds).
Payment Options
-
Make a single payment by check, EFT or credit card
-
Pay monthly by EFT or credit card
Plan Underwriter
NAPA has made sure that your E&O Insurance is secured by an outstanding insurance company. Scottsdale Insurance Company is rated A+ Superior by AM Best.
Errors & Omissions (E&O) Plan Options & Rates
Don't lose your prior acts coverage! Sign up for a FREE E&O Renewal Reminder
E&O Coverage option a:
Life, Accident, Health, Disability, LTC including Medicare Advantage and Medicare Supplements
| Coverage Limits | Single Payment* | Down Payment** | Monthly Payment |
| $1M / $1M | $475.00 | $122.50 | $37.50 |
| $1M / $3M | $540.00 | $132.50 | $42.50 |
| $2M / $2M | $860.00 | $177.50 | $67.50 |
E&O COVERAGE OPTION B:
Life, Accident, Health, LTC, Disability including Medicare Advantage and Medicare Supplements, PLUS Fixed Annuities (including indexed annuities)
| Coverage Limits | Single Payment* | Down Payment** | Monthly Payment |
| $1M / $1M | $565.00 | $134.62 | $44.58 |
| $1M / $3M | $675.00 | $152.92 | $52.92 |
| $2M / $2M | $995.00 | $197.92 | $77.92 |
E&O COVERAGE OPTION C:
Life, Accident, Health, LTC, Disability including Medicare Advantage and Medicare Supplements, PLUS Fixed Annuities (including indexed annuities), Mutual Funds & Variable Products
| Coverage Limits | Single Payment* | Down Payment** | Monthly Payment |
| $1M / $1M | $697.00 | $152.00 | $55.00 |
| $1M / $3M | $860.00 | $177.50 | $67.50 |
| $2M / $2M | $1,235.00 | $231.67 | $96.67 |
* Pricing for agents earning less than $250,000 in gross annual commissions. Prices include $36 NAPA membership dues, and appropriate fees, taxes and doc stamps. Monthly payment options include a $5.00 per month processing fee.
**Down payment refers to monthly payment option. Your down payment includes one month’s premium, NAPA dues, administrative fees and a $5.00 monthly processing fee. Down payments will be processed immediately; monthly deductions as shown above will begin the first of the month after enrollment effective date.
APPLY For E&O
Tell Us How We're Doing!
We take your feedback seriously. Take our survey to help us better serve you.
Take the survey now >>
Have a question?
Be sure to check the Frequently Asked Questions.
NAPA Customer Care Center
If you have questions or comments regarding any of the many professional
insurance products and services offered by NAPA, please contact customer
care Monday – Thursday: 8 AM – 6 PM EST, Friday: 8 AM – 5 PM EST.
(800) 593-7657
Send Us An E-mail Message >>