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.
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 (BOP).
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.
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.
Fidelity bonds compensate clients for employee theft, including theft by electronic funds transfer. They're also called employee dishonesty bonds.
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 for your financial planning or investment advice business, whether you work independently or hire employees.