& Omissions Insurance for Independent Life Agents
FIVE STAR SPECIALTY PROGRAMS
administers the Five Star Life Agents Insurance
Program. Coverage is provided by a carrier rated A (Excellent, XV) by A.M. Best.
This program was created to provide E&O coverage for Independent Life Agents.
Coverage is designed for *Individual Agents * Groups of Agents * Newly licensed Life
Agents * Life Agents who have just left their sponsored E&O program * Life Agents
who have not bought E&O before.
Retroactive Coverage is available (Prior Acts Coverage) - This is the date from which the
Insured warrants that CONTINUOUS Professional Liability coverage has existed without
interruption. Life Agents obtaining this insurance for the FIRST time or renewing
insurance after a lapse in coverage will have a retroactive date the same as the policy
inception date. A retroactive date indicates how far back in time this insurance will
provide coverage for prior acts, subject to all policy terms, conditions and exclusions.
Any claim made for professional services completed prior to the retroactive date will be
excluded under this policy.
In order to provide a competitive product insured by a top quality carrier, we have organized the insurance program as a part
of the Five
Star Agents, Inc. Purchasing Group.