Errors & Omissions Insurance

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Insurance Brokers

Victor’s Errors and Omissions (E&O) insurance protects insurance brokers against allegations of errors, omissions and negligent acts.


  • Licensed insurance agents and brokers

Coverage Details

  • Policy Form – Claims-made and reported
  • Policy Period – Annual and multi-year policies
  • Capacity – Limits up to $10,000,000 available with many attractive deductible options (higher limits also available upon request)
  • Territory – Services rendered and claims made anywhere in the world

Policy Features

  • Policies comply with current provincial regulatory requirements
  • Loss of earnings coverage (up to $500 per day) for an insured when requested to attend discoveries, mediation and/or trial as part of the defence of a claim
  • Disciplinary matters coverage, subject to a sublimit of $25,000
  • Penal defence costs reimbursement, subject to a sublimit of $50,000
  • Outside directorship coverage (ODL) for non-profit organizations, subject to a sublimit of $500,000
Additional Policy Features for Small Firms
  • Coverage is available for small firms with annual revenues of less than $2,000,000 that are claims free.
  • Maximum limit of $2,000,000
  •  Zero dollar deductible

Additional Coverages Available

  • Incidental Life Agent Coverage for General Insurance Brokers
  • Hail Insurance
  • Travel Insurance
  • 3D Fidelity Bond Coverage
  • Employment practices wrongful act liability coverage endorsement available for firms with less than 50 employees

Submission Requirements