E&O Insurance for MGA Select Enrollers
Errors and Omissions Insurance Program for MGA Select Enrollers ENROLLERS
About This Coverage
- This Errors and Omissions Insurance Plan is designed exclusively for hired per diem or commission-based enrollers only.
- Important State Amendatory Endorsements can be found by clicking the button at the top of the page.
Pricing Information
$500,000 per claim/ $500,000 annual aggregate
Protects professional enrollers from claims arising from the enrollment of group benefits and/or life & health products and services in the worksite marketing environment. This coverage is intended for hired per diem or commission-based enrollers only. Coverage is NOT intended for the broker on the benefit plan. Claims-made financial services professional liability coverage limited to services provided as an enrollment specialist.
| Effective Date | Pay In Full | or Down Payment | w/Monthly Payment |
|---|---|---|---|
| 01/01/26 | Apply today for $261.00 | $79.00 | $22.00 |
- This is an annual policy which renews 12 months from your selected effective date. Pricing includes premium, applicable administrative fees, taxes and doc stamps. Down payment includes one month's premium, admin fees, taxes, doc stamps and a $5.00 monthly processing fee. Monthly payments include one month's premium and $5.00 processing fee and will begin the third day of the month after the enrollment effective date.
Program Eligibility
- You must have an active life and/or health insurance license to be eligible for coverage.
Program Features
-
A policy aggregate of $10,000,000*
*Policy aggregate limit of liability is not applicable to those agents and registered representatives who are residents of or practice in New York State.
- Defense costs reduce the limit of liability and are subject to the retention. Punitive damages are not covered by the policy. Refer to the policy form for the definition of defense costs and punitive damages.
- This coverage is intended for hired per diem or commission-based enrollers only. Coverage is NOT intended for the broker on the benefit plan. The plan is an annual-renewable claims-made policy. Claims-made financial services professional liability coverage limited to services provided as an enrollment specialist.
- 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 Insurer during the certificate 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.
- This policy applies to any act, error or omission which takes place anywhere in the world, provided that the claim is made and suit is brought against the Insured in the United States of America
- Instant proof of insurance upon approval.
- This is a claims made and reported policy. Claims must be submitted as soon as practicable in writing to the insurer. Coverage only applies to claims first made during the policy period and claims must be reported during the policy period or during an extended reporting period (ERP). Prior acts are covered back to the first day of continuous E&O coverage. Please refer to the policy form for claim reporting provisions and definition of a claim, prior acts definition, and ERP details.
Coverage Limits
- $1 Million per claim / $1 Million annual aggregate
- $500,000 per claim / $500,000 annual aggregate
Deductibles and Retentions
- $250 deductible for claims arising from the enrollment of group benefits and/or life & health products and services in the worksite marketing environment.
Payment Options
- Pay in full or choose monthly payments via credit card or electronic funds transfer (EFT). For those customers that select the monthly payment option, your credit card or EFT will be processed on the third of each month.
Underwriter
- This errors and omissions coverage is placed with an admitted carrier. Please reference the A.M. Best rating and disclosures link below for an explanation of admitted and non-admitted carriers.
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One or more of the CNA companies provide the products and/or services described. The information is intended to present a general overview for illustrative purposes only. It is not intended to constitute a binding contract.
Please remember that only the relevant insurance policy can provide the actual terms, coverages, amounts, conditions and exclusions for an insured. All products and services may not be available in all states and may be subject to change without notice. “CNA" is a registered trademark of CNA Financial Corporation. Certain CNA Financial Corporation subsidiaries use the "CNA" service mark in connection with insurance underwriting and claims activities. Copyright © 2025 CNA. All rights reserved.
www.cna.com
CNA is an A.M. Best "A" (Excellent) XV rated carrier.
Disclosures
- All policy documents are delivered in electronic format by default.
- A.M. Best rating and other disclosures.
- For complete details on covered professional services and exclusions, please refer to the policy form.
Program Administrator
- Gallagher Affinity
- Refer to the policy form for additional definitions, terms, and conditions. Please contact us with any questions or concerns; you can also visit our Frequently Asked Questions section for more information.
- Program administrative services include policy review and issuance, premium billing and invoicing, mid-term policy changes, coordination and issuance of certificates of insurance, online enrollment and account management and a dedicated customer support team with phone, chat and online contact features.
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