ROCKWOOD PROGRAMS OFFERS ERRORS AND OMISSIONS COVERAGE Rockwood Programs has tailored coverage to meet the unique professional liability exposures faced by WorkplaceMarketers. These insurance agents sell supplemental benefits – term life, disability, accidental death and dismemberment, etc - to individuals at their place of employment. The coverage is insured through certain Underwriters at Lloyds of London. Rockwood can also tailor programs for Carriers and other groups ! Workplace marketers – also known as benefits enrollers - constitute a very unique niche within the larger insurance agent’s community. Most other E&O carriers are unfamiliar with the nuances of this profession – choosing instead to rate them using the same risk factors as those associated with traditional Life/A&H agents. Rockwood has partnered with a carrier who took the time to gain an in-depth understanding of the function of a Workplace Marketer. As a result, we are able to offer coverage at a premium commensurate with the level of exposure. The Workplace Marketer E&O product offers a limit of $1,000,000/$1,000,000with and a $2,500 retention. Coverage is written on a claims-made basis. Cost of coverage is $600. The policy is not available for risks generating more than $125,000 in commission income annually. Other eligibility parameters apply. As an added benefit, we provide up to $25,000 in Identity Theft protection on each policy written at no cost to the insured. Rockwoods Self Rating Application has simplified the coverage process. Complete and send us the application below. For additional information contact: Tom Foulds - Underwriter at 302-765-6029 or Click Here to discuss a group that may benefit from a program. |
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