The Life Agent Solutions Insurance Program provides independent life insurance agents with a cutting-edge E&O liability product with broad coverage, attractive pricing, plus online distribution for immediate coverage.
Please note: If your BGA or IMO provided you with a unique website address to access this program, please use that URL to access their customized site.
Life Agent Solutions Insurance Program Benefits
- Attractive pricing - premiums as low as $434*
- B+ insolvency coverage
- Simple one-step online process
- Easy payment options online for immediate coverage
- Print proof of coverage
- Enterprise risk management
- Easy online account management
*Based on Basic Plan (includes premium, taxes and any fees) which includes coverage for Fixed Life, Accident & Health, Long Term Care and Disability Products.
Life Agent Solutions Insurance Program Key Coverage Highlights
- Vicarious liability coverage for the negligent acts by anyone for whom the insured is legally liable
- There is no shared policy limit between independent agents who are named insureds in the program or between BGAs who are named insureds in the program
- No coverage exclusion for placements with companies rated B+ or better with A.M. Best
- Defense costs are outside of the limits of liability
- Corporate Identity Protection Coverage
- Crisis Response Coverage
- Electronic Media Coverage
- Mediation Deductible Credit
- Disciplinary Proceedings Coverage
- Loss of Earnings due to Hearings or Depositions
- Regulatory Inquiry Coverage
Life Agent Solutions Insurance Program Coverage Options
Basic Coverage (premiums starting at $434*) - under the policy includes the sale and service of the following – individual and/or group life insurance and accident and health insurance, individual and/or group disability income insurance, long-term care insurance, Medicare Supplemental Insurance and Medicare Advantage plans.
Basic Plus Coverage (premiums starting at $502*) - is available by endorsement and in addition to Basic Coverage includes the sale and servicing of fixed annuities and indexed annuities.
Comprehensive Coverage (premiums starting at $627*) - is available by endorsement and in addition to Basic Plus Coverage includes the additional sale and servicing of fixed annuities. It also includes the sale and servicing of the following financial products: mutual funds registered with the Securities and Exchange Commission and variable life and variable annuity products, but only if such financial products are sold or serviced by an insured who is properly licensed and registered with the Financial Industry Regulatory Authority as a registered representative, registered investment advisor, or investment advisor representative as these terms are defined in the policy.
Also covered are notary public services, expert witness and financial planning related to covered professional services.
Easy Online Account Management
Once insured you can access the “My Account” self-service feature to manage your account online. It’s easy to:
- Change passwords
- View payment history
- Review coverage history
- Print proof of coverage
- Review frequently asked questions (FAQs)
- And more
Value-added Risk Management Services
As an insured, you’ll have access to a variety of risk management tools and specialized resources including: Help line services, webcasts and consultations with a qualified attorney on a potential claim or circumstance that could lead to a claim.
Aon Affinity is the brand name for the brokerage and program administration operations of Affinity Insurance Services, Inc.; (TX 13695); (AR 100106022); in CA & MN, AIS Affinity Insurance Agency, Inc. (CA 0795465); in OK, AIS Affinity Insurance Services Inc.; in CA, Aon Affinity Insurance Services, Inc., (CA 0G94493), Aon Direct Insurance Administrators and Berkely Insurance Agency and in NY, AIS Affinity Insurance Agency.
AIG is the marketing name for the worldwide property-casualty, life and retirement, and general insurance operations of American International Group, Inc. For additional information, please visit our website at www.aig.com. All products and services are written or provided by subsidiaries or affiliates of American International Group, Inc. Products or services may not be available in all countries, and coverage is subject to actual policy language. Non-insurance products and services may be provided by independent third parties. Certain property-casualty coverages may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds, and insureds are therefore not protected by such funds.
All descriptions, summaries or highlights of coverage are for general informational purposes only and do not amend, alter or modify the actual terms or conditions of any insurance policy. Coverage is governed only by the terms and conditions of the relevant policy.