Rockwood Adds General Liability to Life Agents’ Errors & Omissions

June 30, 2010

Rockwood Programs, Inc. has revised its life/accident and health insurance agents’ errors and omissions (E&O) offering by embedding $100,000 limit general liability coverage in the product.

These coverage additions are being included at no cost to the policyholder. The changes go into effect immediately. The general liability coverage enhancement will be available in all states except Illinois.

According to Glenn Clark, president of Rockwood Programs, coverage includes up to $100,000 in personal and advertising injury; $50,000 for damages to premises rented by the policyholder; and $5,000 in medical expense. Rockwood will also continue to provide up to $25,000 in identity theft protection, also at no cost to the insured.

The Rockwood insurance agents’ E&O programs offer professional liability coverage for both life/accident and health and property/casualty agents. Limits of up to $1 million per claim and $2 million in the aggregate are available. There are several different deductible options as well. Both programs are placed through underwriters at Lloyd’s.

Source: Rockwood Insurance Programs

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