Cadence Insurance Brokers

Securities Broker-Dealer and Investment Advisor E & O Program

Errors and Omissions Insurance is designed to protect securities brokers/dealers and investment advisors in the event that there is a claim of any actual or alleged negligent act, error or omission committed while performing their professional services. Even when lawsuits and claims have no merit, the cost of defending those allegations could severely impact the finances of the representatives and the organization.

Coverage Includes:

• Negligence in the sale and servicing of financial instruments and securities
• Client allegations of unsuitable investments
• Errors or omissions during the sale and servicing of a variety of insurance products
• Investment planning
• Allegations of improper firm supervision of representatives
• Claims brought by clients associated with correcting a trading mistake by a representative
• FINRA arbitrations

Coverage also available for:

• REIT and 1031 exchanges
• Regulation D or other private security offerings
• Commodities
• Outside business transacted by an insured registered representative
• Discretionary investment management and investment advising
• Several other options available

Who is covered?

• The registered broker dealer, its employees, directors, officers and the like
• Registered representatives acting on behalf of the broker dealer
• A registered representative’s owned company and its employees

Parameters: Minimum Premium of $10,000

Call 1-800-541-2042 ext. 101 for a Quote