We are proud to announce that agents with Western Asset Protection now have access to robust E&O insurance at up to 50% off. This is just one more way we’re giving agents the tools they need to succeed through IntegrityCONNECT.
Do You Have Enough E&O Coverage?
Even experienced and diligent insurance agents can face E&O lawsuits. Mistakes can happen, deadlines can be missed, and tech glitches and cyberattacks can occur. If any of these situations happen to you, and clients are adversely impacted, you could face a claim. Claims can even happen when you’ve done nothing wrong. All it takes is an allegation of negligence. For example, a client could say that you never educated them about their coverage options, even though you know you did.
E&O insurance is a crucial safeguard. It protects you, the insurance agent, and your clients by allowing them to seek compensation when they have suffered financial harm. When you have comprehensive E&O coverage in place, you have the confidence and safeguards necessary to focus on growing your business.
However, not all E&O policies are the same. It’s important to secure coverage that is tailored to address key insurance agent exposures. Below are important questions to ask as you compare your options:
- Does the policy cover ERISA and vicarious liability claims for life, health and annuities?
- Will the policy cover cyber-related claims?
- Are the policy limits high enough?
A policy that checks all the boxes can be expensive, so agents sometimes skimp on coverage. However, that may be penny-wise and pound-foolish because if they ever have a claim that’s not covered, they’ll end up paying much more.
Fortunately, agents with Western Asset Protection don’t have to compromise. Now, you can access robust E&O coverage at up to 50% off through IntegrityCONNECT.
What Is IntegrityCONNECT?
IntegrityCONNECT is a suite of easy-to-use quoting and enrollment tools that WAP agents have access to at no cost. You can use IntegrityCONNECT to modernize your Medicare sales workflow and reduce your workload.
IntegrityCONNECT offers:
- Carrier approved product trainings and learning modules
- A quoting system featuring more than 30 carriers
- A powerful CRM
- Verified leads available for purchase
- Access via a convenient mobile app
Now, IntegrityCONNECT offers benefits available only to Integrity contracted brokers. Introducing My Benefits, which includes exclusive benefits and savings and access to affordable, comprehensive E&O coverage. This is possible because IntegrityCONNECT has leveraged its size to negotiate significant savings. When you buy E&O insurance through IntegrityCONNECT, you benefit from both tailored coverage and exclusive savings.
A Closer Look at IntegrityCONNECT E&O Coverage
The IntegrityCONNECT E&O coverage is comprehensive, high-quality protection designed to give you peace of mind. You’ll get a top-tier policy at a budget rate, with protection for cyber risks included. To help you secure the coverage you need without paying more than you should, there are four levels of coverage.
- Level 1 provides coverage for the sale and servicing of life insurance, fixed and indexed annuities, final expense insurance, mortgage insurance, Medicare Supplement plans, long-term care insurance, disability insurance and health insurance.
- Level 2 provides coverage for everything included in Level 1, plus Series 6 products.
- Level 3 provides coverage for Medicare Supplement and Medicare Advantage insurance, as well as final expense insurance.
- Level 4 provides coverage for new agents who have been licensed for less than two years.
Rates start at just $265 for $1 million in coverage. With Level 1 and 2, you have the option of securing higher limits.
How to Access Your E&O Coverage
If you’re already using IntegrityCONNECT, applying for your discounted E&O coverage is easy.
- Log into IntegrityConnect.
- Click on MyBenefits.
- Select Integrity E&O Insurance.
- Click Apply Now.
- Complete the form and hit Submit. You’ll receive an email with your policy details and the next steps.
And if you haven’t signed up for IntegrityCONNECT yet, what are you waiting for? Signing up is easy, and once you do it, you’ll have access to a powerful all-in-one growth engine that will help you grow your business – at zero cost for Western Asset Protection agents!
We’re excited to offer this coverage. If you have any questions about IntegrityCONNECT or the new option for “My Benefits” exclusive benefits and savings and comprehensive, affordable E&O coverage, we are here to help. Contact us.