You must carry and provide proof of Errors & Omissions (E&O) coverage issued by an insurance carrier with an AM Best rating of A- or better, and carry no less than $1,000,000 USD (one million dollars) of liability coverage. Any of your individual producers or sub-producers shall be insured under such policy.
What are the E&O insurance requirements for an agent writing business through a Bold Penguin sub-appointment?
Updated over 5 months ago