A bad investment or economic downturn could topple everything you've worked so hard to build. Protect yourself against liability lawsuits and other risks with policies tailored for investment advisors and financial planners.
These policies provide coverage for the most common risks investment advisors and financial planners face.
General liability insurance provides coverage for common risks facing financial and investment advisors, such as customer injury and slander. Bundle with property insurance for savings in a business owner’s policy.
E&O insurance for financial advisors and planners, also known as professional liability insurance, can cover legal expenses related to work performance.
This policy helps investment advisors and financial planners survive data breaches and cyberattacks by helping to pay for recovery expenses and associated costs.
Required in almost every state for businesses with employees, workers’ comp can help cover medical fees and lost wages for work-related illnesses and injuries.
If a mistake or error in judgment leads to a client’s financial loss, a registered investment advisor (RIA) or a tax preparer could face a hefty lawsuit. Financial planner and investment advisor insurance helps protect your decisions, such as management of retirement funds. It also protects against risks faced by any small business, such as injuries and property damage.