E&O Rates - 2019 - 2020
This insurance policy may only be purchased from Marsh Canada, a licensed insurance broker.
WESTPORT INSURANCE CORPORATION
LIMIT OPTIONS - For EACH ADVISOR LICENSED FOR LIFE, A&S and/ or MUTUAL FUNDS
Limit of Liability
Each Claim/*Aggregate
Deductible
Premium
Option 1
$1,000,000/$2,000,000
$1,000 EACH CLAIM
$600.00
Option 2
$2,000,000/$2,000,000
$1,000 EACH CLAIM
$715.00
Option 3
$5,000,000/$5,000,000
$1,000 EACH CLAIM
$1,270.00
LIMIT OPTIONS - For EACH ADVISOR LICENSED FOR LIFE, A&S ONLY
Limit of Liability
Each Claim/*Aggregate
Deductible
Premium
Option 1
$1,000,000/$2,000,000
$1,000 EACH CLAIM
$525.00
Option 1
$2,000,000/$2,000,000
$1,000 EACH CLAIM
$675.00
Option 1
$5,000,000/$5,000,000
$1,000 EACH CLAIM
$1,075.00
LIMIT OPTIONS - For EACH FEE FOR SERVICE ADVISOR MUST BE CERTIFIED FINANCIAL PLANNER
Limit of Liability
Each Claim/*Aggregate
Deductible
Premium
Option 1
$1,000,000/$2,000,000
$1,000 EACH CLAIM
$ 585.00
Option 2
$2,000,000/$2,000,000
$1,000 EACH CLAIM
$ 775.00
LIMIT OPTIONS - For EACH ADVISOR LICENSED FOR SECURITIES (STOCKS AND BONDS – IIROC REGISTERED)
Limit of Liability
Each Claim/*Aggregate
Deductible
Premium
Option 1
$500,000/$500,000
$1,000 EACH CLAIM
$ 855.00
Option 2
$2,000,000/$2,000,000
$1,000 EACH CLAIM
$ 1,190.00
LIMIT OPTIONS - For EACH LICENSED ASSISTANT (LAs)(Licensed Life, A&S and/or Mutual Fund advisors that DO NOT have any personal sales AND DO NOT receive any commission income.)
Limit of Liability
Each Claim/*Aggregate
Deductible
Premium
Only 1 Option
$1,000,000/$2,000,000
$1,000 EACH CLAIM
$380.00
Only 1 Option
$2,000,000/$2,000,000
$1,000 EACH CLAIM
$675.00
Only 1 Option
$5,000,000/$5,000,000
$1,000 EACH CLAIM
$1,075.00
ENORSEMENT COVERAGE - Personal Income Tax Preparation Coverage
Annual Flat Premium $75.00 subject to a $1000 deductible.
* $5,000,000 Aggregate Limit each
policy period applicable to business placed in the
province of
Manitoba.
*Deductible applicable to damage only.
|
|