Coverage Details

  • Designed specifically to offer protection to broker-dealers and their registered representatives
  • Broad, easy to use form
  • No audit provision for representatives added during the policy period
  • Cost of corrections provision built into the form
  • Supervisory coverage extended for acts of past representatives
  • Coverage for the sale of certain alternative products
  • Industry leading claims handling

Limits

  • Policy is structured with a per claim limit and a policy aggregate limit
  • Limits vary by risk but the typical policy aggregate cap is $10 million

Target Clients

  • FINRA registered broker-dealers and their registered representatives

Available forms

Securities Broker-Dealer Professional Liability Declarations
ACE Advantage Securities Broker-Dealer Prof Liability Insurance Policy

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