If you are a life agent, investment advisor or securities registered representative with a clean record (no claims in the last 5 years and no disciplinary issues in last 7 years) and professional services limited to life, health and disability insurance, fixed/indexed annuities, mutual funds, variable annuities, variable life, stocks and bonds, and not in need of coverage for ETFs, employee benefit plans or alternative investments, the Defender Plus Program is available at competitive rates ranging from $420 (insurance activities) to $996
(RIA with discretion).

This plan will insure the firm and multiple individuals under one policy, and is suitable for firms or individuals with minor claim or regulatory infractions, who may also require coverage for alternative investments. Coverage is available for commission activities as an insurance agent and registered representative, and fiduciary coverage for ERISA activities.

This is an option for firms of all sizes, and is a good option for those who require special underwriting consideration due to prior claims/regulatory history or alternative investment exposures. It can include RIA and insurance activity. It will cover the firm, its reps and advisors. Coverage for the reps’ and advisors’ prior acts back to date of first continuous E&O can usually be negotiated, as well as coverage for approved outside business activities and fiduciary coverage for
ERISA activities.

Coverage is available for new and existing agencies. If you are also a life/health agent (including a modest amount of financial product sales) a rider is usually available if 51% or more of your revenues are property & casualty insurance.