Errors and Omissions Insurance Program

Program Highlights

  • Guarantee Issue

  • Two coverage options

    • Coverage for products offered through GoHealth carriers ONLY. Prior acts coverage is also restricted to GoHealth carriers only

    • Coverage available for all carriers through life, accident & health activities per the terms and conditions of the policy

  • This policy does NOT cover the sale & servicing of any annuity products or other Series 6 products

 

  • Provides coverage for your administrative, clerical and support personnel while they are acting on your behalf

  • Provides coverage for any affiliated corporation, partnership or agency for their liability arising out of the individual insured’s professional services

  • Defense costs are provided and are included within the limits of liability

  • Prior acts coverage back to first date of continuous E&O coverage. Prior acts are covered only for coverage type selected.

  • Pay in full or choose monthly payments via credit card or electronic funds transfer (EFT)

 

 

Liability and Coverage Options

  • $1,000,000 per claim/$1,000,000 annual
  • $1,000,000 per claim/$2,000,000 annual

Deductibles

  • $1,000 deductible on GoHealth product-related claims (damages only)
  • $2,500 deductible for non-GoHealth claims (damages only)

 

 

Program Eligibility

You must be actively affiliated with GoHealth at the time of enrollment and at the time you submit a claim under this policy in order to be eligible for full benefits.

 

GoHealth Products Only
$1M/Claim $1M/Annual
All Carriers
$1M/Claim $1M/Annual
Effective Date Single Payment Down Payment Single Payment Down Payment
12/01/15 $415.00 $80.87 $460.00 $84.62
01/01/16 $384.17 $80.87 $425.42 $84.62
02/01/16 $353.33 $80.87 $390.83 $84.62
03/01/16 $322.50 $80.87 $356.25 $84.62
04/01/16 $291.67 $80.87 $321.67 $84.62
05/01/16 $260.83 $80.87 $287.08 $84.62
06/01/16 $230.00 $80.87 $252.50 $84.62
07/01/16 $199.17 $80.87 $217.92 $84.62
08/01/16 $168.33 $80.87 $183.33 $84.62
09/01/16 $137.50 $80.87 $148.75 $84.62
10/01/16 $106.67 $80.87 $114.17 $84.62
11/01/16 $75.83 $80.87 $79.58 $84.62
Monthly Payment: $35.83 Monthly Payment: $39.58

 

 

Policy Terms

  • If you are no longer affiliated with GoHealth during the policy period, coverage for any new business activities ceases immediately of your termination date. Please call 360 Coverage Pros at (877) 524-0265 to notify them of your termination and avoid any potential lapse in coverage.

  • Coverage under this program is offered on a claims made basis. The policy will only cover claims first made against the Insured and reported to the carrier during the policy period. The agent must not have had knowledge of the claim or circumstances likely to result in a claim at the effective date of coverage.

Program Underwriter

BCS Insurance Company: A.M. Best Rating: A (Excellent)

Program Administrator

360 Coverage Pros