Health Agents for America Errors & Omissions Insurance Program

Coverage Limits

• $1 Million per claim / $3 Million annual aggregate base limits.
• $2 Million per claim / $2 Million annual aggregate

Deductibles and Retentions

• $0 retention/deductible for claims arising from life, health, accident, disability insurance, and fixed and indexed annuities
• $5,000 retention/deductible for all other covered claims (e.g. variable products and mutual funds)

Pricing Information

Pay in full or choose monthly payments via credit card or electronic funds transfer (EFT). For those customers that select the monthly payment option, your credit card or EFT will be processed on the first of each month.

  Use our Rate Calculator to see additional coverage and pricing options

Program Features

This is a claims made and reported policy and provides coverage for claims that arise from the sale and servicing of self-funded group health plans if they are funded in whole or in part by an insurance company or product and claim losses are not resultant of any employer’s, insurer’s, or any other entities insolvency or inability to pay beneficiary claims made under such plans. Multiple employer trust or welfare arrangements (MEWAs) are not covered.

Claims must be submitted as soon as practicable in writing to the insurer. Coverage only applies to claims first made during the policy period. Claims must be reported during the policy period; or, during an extended reporting period (ERP). Prior acts are covered back to the first day of continuous E&O coverage. Please refer to the policy form for claim reporting provisions and definition of a claim, prior acts definition, and ERP details.

Coverage for:^*

• Regulatory Defense
• Social Media
• Network Risk & Privacy Claim
• Military Activation Coverage

More Features

• Monthly payment options
• Available in all 50 states and U.S. territories
• Includes coverage for ACA compliant health insurance products sold through the Health Insurance Marketplace
• Policy includes $25,000 for Privacy Claims subject to a $250,000 policy aggregate. See policy for details.
• A master policy annual aggregate of $50,000,000**
• Insolvency coverage on products sold from A.M. Best rated "A-" or better admitted carriers at time of sale
• Defense costs reduce the limit of liability and are subject to the retention. Punitive damages are not covered by the policy. Refer to the policy form for the definition of defense costs and punitive damages.
• Instant proof of insurance upon arrival
• Painless automatic renewal
• Provides coverage for any affiliated corporation, partnership or agency for their liability arising out of the individual insured's professional services
• Provides coverage for your administrative, clerical and support personnel while they are acting on your behalf.
• $0 Deductible/Retention for most products. See policy for details.
• Extended Reporting Period Available - see policy for details
• Peace of mind knowing you've got NAPA's E&O expertise since 1989 on your side

---

*Sublimits may apply. See policy for complete coverage terms and conditions. Please remember that only the relevant insurance policy can provide the actual terms, coverages, amounts, conditions and exclusions for an insured. All products and services may not be available in all provinces and may be subject to change without notice.

---

**Policy aggregate limit of liability is not applicable to those agents and registered representatives who are residents of or practice in New York State.

Underwriter

One or more of the CNA companies provide the products and/or services described. The information is intended to present a general overview for illustrative purposes only. It is not intended to constitute a binding contract.

---

Please remember that only the relevant insurance policy can provide the actual terms, coverages, amounts, conditions and exclusions for an insured. All products and services may not be available in all states and may be subject to change without notice. “CNA" is a registered trademark of CNA Financial Corporation. Certain CNA Financial Corporation subsidiaries use the "CNA" service mark in connection with insurance underwriting and claims activities. Copyright © 2025 CNA. All rights reserved.
www.cna.com
CNA is an A.M. Best "A" (Excellent) XV rated carrier.

• This errors and omissions coverage is placed with an admitted carrier. Please reference the A.M. Best rating and disclosures link below for an explanation of admitted and non-admitted carriers.

Disclosures

All policy documents are delivered in electronic format by default.

You can manage your renewal notice delivery options by visiting "My Account" menu option at the top of the page. Refer to the policy form by clicking on the Policy button at the top of the page for more details on covered professional services and exclusions. A.M. Best rating and other disclosures.

• All policy related documents and communications are delivered in electronic format where allowable by law.
• By enrolling in this insurance policy, the applicant agrees to become a non-voting member of Professional Agents Risk Purchasing Group, Inc. ("PARPG"). PARPG is a Delaware non-profit corporation that provides liability insurance for its members as a "Purchasing Group" in accordance with the Federal Liability Risk Retention Act (15 U.S.C. §3901 et seq.). Each member of PARPG is covered for separate limits of liability and is required to pay all premiums when due.
• For complete details on covered professional services and exclusions, please refer to the policy form.

Program Administrator

This E&O Insurance program is administered by NAPA. Program administrative services include policy review and issuance, premium billing and invoicing, mid-term policy changes, coordination and issuance of certificates of insurance, online enrollment and account management and a dedicated customer support team with phone, chat and online contact features.

Refer to the policy form for additional definitions, terms, and conditions. Please contact us with any questions or concerns; you can also visit our Frequently Asked Questions for additional information.

($1M/$1M limits only. For higher limits, please choose Life and Health Agents Plus P&C option.)

Coverage Limits

• $1 Million per claim / $1 Million annual aggregate

Deductibles and Retentions

Pricing Information

Pay in full or choose monthly payments via credit card or electronic funds transfer (EFT). For those customers that select the monthly payment option, your credit card or EFT will be processed on the first of each month.

  Use our Rate Calculator to see additional coverage and pricing options

Program Features

This is a claims made and reported policy and provides coverage for claims that arise from the sale and servicing of self-funded group health plans if they are funded in whole or in part by an insurance company or product and claim losses are not resultant of any employer’s, insurer’s, or any other entities insolvency or inability to pay beneficiary claims made under such plans. Multiple employer trust or welfare arrangements (MEWAs) are not covered.

Claims must be submitted as soon as practicable in writing to the insurer. Coverage only applies to claims first made during the policy period. Claims must be reported during the policy period; or, during an extended reporting period (ERP). Prior acts are covered back to the first day of continuous E&O coverage. Please refer to the policy form for claim reporting provisions and definition of a claim, prior acts definition, and ERP details.

Policy Changes

• New Program Underwriter
  • Policy underwriter is now Prosurance (previously CNA)

  Total Policy aggregate changes

  • CNA (prior policy): $50,000,000
  • Prosurance (current policy) $10,000,000

  Deductibles & Sublimit changes

  CNA: Life & Health Disappearing Deductible/Retention
  • First two years in the program: $1,000 retention for claims arising from fixed life, health, accident, disability insurance, and fixed and indexed annuities
  • After two years of continuous coverage in the program: retention decreases to $500.00
  • After five years of continuous coverage in the program: retention decreases to $0.00
  • $5,000 for all other covered claims (e.g. variable products and mutual funds)
  Coverage Sublimits of Liability for P&C
  • $100,000 per "claim" / $250,000 annual agent aggregate for claims arising from flood insurance
  • $1M per "claim" / $1M annual agent aggregate for all other covered claims
  P&C Deductible/Retention
  • $5,000 per covered claim (other than flood)
  • $20,000 per claimant for any claim involving or in any way related to flood insurance

  Prosurance: Deductible/Retention

  • Disappearing deductible only applies to the sale or servicing of fixed life, accident & health and disability insurance and fixed annuities. All other products do not have a disappearing deductible.
  • $1,000 for claims arising from life, health, disability, long-term care products and annuities
  • $5,000 for claims arising from indexed annuities or indexed life insurance, variable products, mutual funds or other securities
  • $5,000 for claims involving personal lines property & casualty insurance
  • $10,000 for claims involving commercial lines insurance
  • $25,000 for Flood Insurance: Flood Insurance is subject to a $100,000/$100,000/$1,000,000 sublimit

  Coverage Endorsements

• The following endorsements are removed
  • Social Media and Military Deployment GAP
  The following endorsements change
  • Regulatory Defense changes to Disciplinary & Subpoena Endorsement
  • CNA: limit of Liability of $25,000 with $0 retention
  • Prosurance: $20,000 limit of liability with a $20,000 annual aggregate and a retention of $2,500
  • Network Risk and Privacy Claim Endorsement changes to Privacy and Identity Protection Endorsement
  • CNA: sublimits of $25,000 limit for each claim and $250,000 annual aggregate for all claims
  • Prosurance: $15,000 legal liability and $10,000 defense cost limit, subject to a $25,000 annual insured aggregate and a $2,500 retention

  Extended Reporting Period

  CNA:
  • Agents Less than 3 years in the program
  • 1 year @100% of premium, 2 year @ 160% of premium, 3 year @ 200% of premium
  • Right to purchase unlimited ERP @ 250% of premium
  • Agents Exactly 3 years in the program
  • Automatic ERP of 3 years
  • Right to purchase unlimited ERP @ 250% of premium
  • Agents More than 3 years in the program
  • Automatic ERP of 10 yrs
  • Right to purchase unlimited ERP @ 250% of premium
  Prosurance:
  • Optional 1 Year ERP for 100% of premium

  Insolvency coverage

  • CNA: products sold from A.M. Best rated "A-" or better carriers at time of sale
  • Prosurance: products sold from A.M. Best rated "B+" or better carriers at time of sale

Underwriter

One or more of the CNA companies provide the products and/or services described. The information is intended to present a general overview for illustrative purposes only. It is not intended to constitute a binding contract.

---

Please remember that only the relevant insurance policy can provide the actual terms, coverages, amounts, conditions and exclusions for an insured. All products and services may not be available in all states and may be subject to change without notice. “CNA" is a registered trademark of CNA Financial Corporation. Certain CNA Financial Corporation subsidiaries use the "CNA" service mark in connection with insurance underwriting and claims activities. Copyright © 2025 CNA. All rights reserved.
www.cna.com
CNA is an A.M. Best "A" (Excellent) XV rated carrier.

• This errors and omissions coverage is placed with an admitted carrier. Please reference the A.M. Best rating and disclosures link below for an explanation of admitted and non-admitted carriers.

Disclosures

All policy documents are delivered in electronic format by default.

You can manage your renewal notice delivery options by visiting "My Account" menu option at the top of the page. Refer to the policy form by clicking on the Policy button at the top of the page for more details on covered professional services and exclusions. A.M. Best rating and other disclosures.

• All policy related documents and communications are delivered in electronic format where allowable by law.
• By enrolling in this insurance policy, the applicant agrees to become a non-voting member of Professional Agents Risk Purchasing Group, Inc. ("PARPG"). PARPG is a Delaware non-profit corporation that provides liability insurance for its members as a "Purchasing Group" in accordance with the Federal Liability Risk Retention Act (15 U.S.C. §3901 et seq.). Each member of PARPG is covered for separate limits of liability and is required to pay all premiums when due.
• For complete details on covered professional services and exclusions, please refer to the policy form.

Program Administrator

This E&O Insurance program is administered by NAPA. Program administrative services include policy review and issuance, premium billing and invoicing, mid-term policy changes, coordination and issuance of certificates of insurance, online enrollment and account management and a dedicated customer support team with phone, chat and online contact features.

Refer to the policy form for additional definitions, terms, and conditions. Please contact us with any questions or concerns; you can also visit our Frequently Asked Questions for additional information.

Coverage Limits

Deductibles and Retentions

Pricing Information

Pay in full or choose monthly payments via credit card or electronic funds transfer (EFT). For those customers that select the monthly payment option, your credit card or EFT will be processed on the first of each month.

  Use our Rate Calculator to see additional coverage and pricing options

Program Features

This is a claims made and reported policy and provides coverage for claims that arise from the sale and servicing of self-funded group health plans if they are funded in whole or in part by an insurance company or product and claim losses are not resultant of any employer’s, insurer’s, or any other entities insolvency or inability to pay beneficiary claims made under such plans. Multiple employer trust or welfare arrangements (MEWAs) are not covered.

Claims must be submitted as soon as practicable in writing to the insurer. Coverage only applies to claims first made during the policy period. Claims must be reported during the policy period; or, during an extended reporting period (ERP). Prior acts are covered back to the first day of continuous E&O coverage. Please refer to the policy form for claim reporting provisions and definition of a claim, prior acts definition, and ERP details.

Policy Changes

• New Program Underwriter
  • Policy underwriter is now Prosurance (previously CNA)

  Total Policy aggregate changes

  • CNA (prior policy): $50,000,000
  • Prosurance (current policy) $10,000,000

  Deductibles & Sublimit changes

  CNA: Life & Health Disappearing Deductible/Retention
  • First two years in the program: $1,000 retention for claims arising from fixed life, health, accident, disability insurance, and fixed and indexed annuities
  • After two years of continuous coverage in the program: retention decreases to $500.00
  • After five years of continuous coverage in the program: retention decreases to $0.00
  • $5,000 for all other covered claims (e.g. variable products and mutual funds)
  Coverage Sublimits of Liability for P&C
  • $100,000 per "claim" / $250,000 annual agent aggregate for claims arising from flood insurance
  • $1M per "claim" / $1M annual agent aggregate for all other covered claims
  P&C Deductible/Retention
  • $5,000 per covered claim (other than flood)
  • $20,000 per claimant for any claim involving or in any way related to flood insurance

  Prosurance: Deductible/Retention

  • Disappearing deductible only applies to the sale or servicing of fixed life, accident & health and disability insurance and fixed annuities. All other products do not have a disappearing deductible.
  • $1,000 for claims arising from life, health, disability, long-term care products and annuities
  • $5,000 for claims arising from indexed annuities or indexed life insurance, variable products, mutual funds or other securities
  • $5,000 for claims involving personal lines property & casualty insurance
  • $10,000 for claims involving commercial lines insurance
  • $25,000 for Flood Insurance: Flood Insurance is subject to a $100,000/$100,000/$1,000,000 sublimit

  Coverage Endorsements

• The following endorsements are removed
  • Social Media and Military Deployment GAP
  The following endorsements change
  • Regulatory Defense changes to Disciplinary & Subpoena Endorsement
  • CNA: limit of Liability of $25,000 with $0 retention
  • Prosurance: $20,000 limit of liability with a $20,000 annual aggregate and a retention of $2,500
  • Network Risk and Privacy Claim Endorsement changes to Privacy and Identity Protection Endorsement
  • CNA: sublimits of $25,000 limit for each claim and $250,000 annual aggregate for all claims
  • Prosurance: $15,000 legal liability and $10,000 defense cost limit, subject to a $25,000 annual insured aggregate and a $2,500 retention

  Extended Reporting Period

  CNA:
  • Agents Less than 3 years in the program
  • 1 year @100% of premium, 2 year @ 160% of premium, 3 year @ 200% of premium
  • Right to purchase unlimited ERP @ 250% of premium
  • Agents Exactly 3 years in the program
  • Automatic ERP of 3 years
  • Right to purchase unlimited ERP @ 250% of premium
  • Agents More than 3 years in the program
  • Automatic ERP of 10 yrs
  • Right to purchase unlimited ERP @ 250% of premium
  Prosurance:
  • Optional 1 Year ERP for 100% of premium

  Insolvency coverage

  • CNA: products sold from A.M. Best rated "A-" or better carriers at time of sale
  • Prosurance: products sold from A.M. Best rated "B+" or better carriers at time of sale

Underwriter

One or more of the CNA companies provide the products and/or services described. The information is intended to present a general overview for illustrative purposes only. It is not intended to constitute a binding contract.

---

Please remember that only the relevant insurance policy can provide the actual terms, coverages, amounts, conditions and exclusions for an insured. All products and services may not be available in all states and may be subject to change without notice. “CNA" is a registered trademark of CNA Financial Corporation. Certain CNA Financial Corporation subsidiaries use the "CNA" service mark in connection with insurance underwriting and claims activities. Copyright © 2025 CNA. All rights reserved.
www.cna.com
CNA is an A.M. Best "A" (Excellent) XV rated carrier.

• This errors and omissions coverage is placed with an admitted carrier. Please reference the A.M. Best rating and disclosures link below for an explanation of admitted and non-admitted carriers.

Disclosures

All policy documents are delivered in electronic format by default.

You can manage your renewal notice delivery options by visiting "My Account" menu option at the top of the page. Refer to the policy form by clicking on the Policy button at the top of the page for more details on covered professional services and exclusions. A.M. Best rating and other disclosures.

• All policy related documents and communications are delivered in electronic format where allowable by law.
• By enrolling in this insurance policy, the applicant agrees to become a non-voting member of Professional Agents Risk Purchasing Group, Inc. ("PARPG"). PARPG is a Delaware non-profit corporation that provides liability insurance for its members as a "Purchasing Group" in accordance with the Federal Liability Risk Retention Act (15 U.S.C. §3901 et seq.). Each member of PARPG is covered for separate limits of liability and is required to pay all premiums when due.
• For complete details on covered professional services and exclusions, please refer to the policy form.

Program Administrator

This E&O Insurance program is administered by NAPA. Program administrative services include policy review and issuance, premium billing and invoicing, mid-term policy changes, coordination and issuance of certificates of insurance, online enrollment and account management and a dedicated customer support team with phone, chat and online contact features.

Refer to the policy form for additional definitions, terms, and conditions. Please contact us with any questions or concerns; you can also visit our Frequently Asked Questions for additional information.

Coverage Limits

• $1 Million per claim / $1 Million annual aggregate
• $1 Million per claim / $2 Million annual aggregate
• $1 Million per claim / $3 Million annual aggregate

Deductibles and Retentions

Pricing Information

Pay in full or choose monthly payments via credit card or electronic funds transfer (EFT). For those customers that select the monthly payment option, your credit card or EFT will be processed on the first of each month.

  Use our Rate Calculator to see additional coverage and pricing options

Program Features

This is a claims made and reported policy and provides coverage for claims that arise from the sale and servicing of self-funded group health plans if they are funded in whole or in part by an insurance company or product and claim losses are not resultant of any employer’s, insurer’s, or any other entities insolvency or inability to pay beneficiary claims made under such plans. Multiple employer trust or welfare arrangements (MEWAs) are not covered.

Claims must be submitted as soon as practicable in writing to the insurer. Coverage only applies to claims first made during the policy period. Claims must be reported during the policy period; or, during an extended reporting period (ERP). Prior acts are covered back to the first day of continuous E&O coverage. Please refer to the policy form for claim reporting provisions and definition of a claim, prior acts definition, and ERP details.

• Painless automatic renewal
• Insolvency claims are excluded except for carriers with an B+ rating or better at time of sale
• A policy aggregate of $10,000,000*

  *Policy aggregate limit of liability is not applicable to those agents and registered representatives who are residents of or practice in New York State.

Underwriter

One or more of the CNA companies provide the products and/or services described. The information is intended to present a general overview for illustrative purposes only. It is not intended to constitute a binding contract.

---

Please remember that only the relevant insurance policy can provide the actual terms, coverages, amounts, conditions and exclusions for an insured. All products and services may not be available in all states and may be subject to change without notice. “CNA" is a registered trademark of CNA Financial Corporation. Certain CNA Financial Corporation subsidiaries use the "CNA" service mark in connection with insurance underwriting and claims activities. Copyright © 2025 CNA. All rights reserved.
www.cna.com
CNA is an A.M. Best "A" (Excellent) XV rated carrier.

• This errors and omissions coverage is placed with an admitted carrier. Please reference the A.M. Best rating and disclosures link below for an explanation of admitted and non-admitted carriers.

Disclosures

All policy documents are delivered in electronic format by default.

You can manage your renewal notice delivery options by visiting "My Account" menu option at the top of the page. Refer to the policy form by clicking on the Policy button at the top of the page for more details on covered professional services and exclusions. A.M. Best rating and other disclosures.

Program Administrator

This E&O Insurance program is administered by NAPA. Program administrative services include policy review and issuance, premium billing and invoicing, mid-term policy changes, coordination and issuance of certificates of insurance, online enrollment and account management and a dedicated customer support team with phone, chat and online contact features.

Refer to the policy form for additional definitions, terms, and conditions. Please contact us with any questions or concerns; you can also visit our Frequently Asked Questions for additional information.