Get Insurance Professionals Errors And Omissions Liability

Filling out the Insurance Professionals Errors And Omissions Liability application online is a crucial step for insurance professionals seeking coverage for their business risks. This guide provides a clear, step-by-step approach to help users navigate the form with confidence.

Follow the steps to complete the application efficiently.

1. Press the ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin filling out the initial section, starting with the name of your applicant firm, address (including city, state, and zip code), and contact person along with their phone number. Specify the named insured type as either a corporation, partnership, LLC, or individual.
3. Input the date your agency was established, along with your email address and fax number.
4. Provide information regarding your agency structure, indicating if you belong to an agency cluster and details about any mergers or acquisitions within the last three years.
5. Fill out questions about ownership control of your agency, including if any organization owns or controls your agency and if there have been any ownership changes in the last three years.
6. Enter your total agency premium volume, P&C premium volume, and gross commission for both last and projected 12 months.
7. Describe your current business mix by filling in the line of business percentages, ensuring the total equals 100%.
8. List carriers accounting for 95% of your production volume, providing years represented and if you monitor your carriers’ ratings.
9. Address additional queries regarding volume placement and sources of revenue while ensuring that all percentages add up appropriately.
10. Complete the current E&O coverage information, including any claims made in the past five years, and respond accurately to inquiries regarding knowledge of any pending claims or allegations.
11. Sign the application, confirming that all information provided is complete and accurate, and provide the title of the signing applicant.
12. Once all sections are filled, you can save changes, download your completed form, print it for your records, or share it as needed.

Complete your document online today for comprehensive insurance coverage.