A bad investment or economic downturn could derail your financial goals for a client. Protect yourself against liability lawsuits and other risks, such as property damage and injuries, with policies tailored for investment advisors and financial planners.
These policies cover the most common risks faced by investment advisors and financial planners.
E&O insurance for financial advisors and planners, also known as professional liability insurance, can cover legal expenses related to work performance.
General liability insurance covers basic risks faced by financial professionals, including client injuries. Bundle it with property insurance for savings in a business owner’s policy.
A business owner's policy, or BOP, is a cost-effective way for financial planners and investment advisors to purchase general liability coverage and commercial property insurance together.
Most states require workers' comp for financial and investment firms that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
This policy helps investment advisors and financial planners survive data breaches and cyberattacks by helping to pay for recovery expenses and associated costs.
Commercial auto insurance covers costs if a financial planner's vehicle is involved in an accident. Most states require this coverage for vehicles owned by a business.
It's easy for certified financial planners (CFP) and registered investment advisors (RIA) to get business insurance if you have your company information on hand. Our application will ask for basic facts about your business, such as revenue and number of employees. You can buy a policy online and get a certificate of insurance with Insureon in three easy steps:
Insureon's licensed insurance agents work with top-rated U.S. providers to find the right insurance coverage and fidelity bonds for your financial planning or investment advice business, whether you work independently or hire employees.