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Corporate Coverage

Regulatory Requirements

Many regulatory authorities require life agencies to carry corporate E&O insurance

In certain jurisdictions - currently: British Columbia, Newfoundland, Ontario, Quebec and Saskatchewan - life licensed agencies are obligated to carry corporate E&O insurance. You may be asked to verify that you have coverage. If you are not covered, the regulator may withhold your agency's license when it comes up for renewal.

Even if your firm provides products and services only on the investment side, you still need corporate E&O coverage.