Transcription of Farmers Sponsored Group Errors & Omissions Program
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Farmers Sponsored Group Errors & Omissions Program Policy Effective Date: January 1, 2012 January 1, 2013. Insurer: Arch Insurance Company (a member of the Arch Insurance Group ). An Admitted Carrier, 2011 Best Rating: A (Excellent): XV. Coverage Limit of Liability Options Each Claim/Annual Aggregate Each Named Insured 1. Negligent acts, Errors or Omissions in the rendering of or failing to render Professional Services as an Insurance Agent/Broker, $1,000,000 / $2,000,000. Registered Representative or Registered Principal, including acting $2,000,000 / $2,000,000. as a notary public and providing expert witness testimony $3,000,000 / $3,000,000. Personal Injury (as defined in the policy) $4,000,000 / $4,000,000. Negligent acts, Errors or Omissions in the recruiting, supervision, $5,000,000 / $5,000,000. 1. management or training of individuals while contracted as a The following sub-limit applies to all Insureds: District Manager $15,000,000 policy aggregate sub-limit for claims resulting from mutual funds, variable products, or other covered securities Additional Coverage products involving multiple Named Insureds.
Exclusions Additional Exclusions Mutual Funds and Variable Products Endorsement: Intentional noncompliance with any rules or intent if proven by final adjudication; this exclusion shall not apply or regulations of the federal
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