Errors & Omissions Insurance
AIP has been providing quality benefit services to Colonial independent sales agents and their families since 1996. One of our most successful programs is our E&O Insurance program. Because of our group buying power, AIP has been able to put together programs that are extremely competitive and are backed by one of the largest E&O carriers. With the AIP program you can rest assured you have comprehensive coverage at a competitive price.
You Should Know...
- The last several years have produced some of the
largest rate increases ever seen for E&O policies. Because of AIP’s strength and commitment, the
Colonial-sponsored E&O program rates will
remain the same as last year.
- These E&O premiums are a tax-deductible business expense in almost every circumstance.
- The AIP E&O Plans offer some of the most comprehensive coverage available at the
most competitive premiums.
- Being a “good” agent and performing all of your professional services perfectly will not prevent you from being named in an E&O lawsuit.
Colonial New Agent E&O Plan
The New Agent E&O program is designed ONLY for newly licensed agents of Colonial with no prior insurance sales experience. New agents are eligible for coverage up to 60 days from original state licensure date.
Standard E&O Plan
The Standard E&O program is for agents whose original state licensure date was more than 60 days ago.