Advocis Broker Services is excited to announce a brand new partnership with The Academy of Financial Divorce Specialists for a variety of E&O coverage plans designed to support the modern AFDS member.
AFDS & Advocis Broker Services have partnered to offer you savings on the best E&O program.
Start your E&O savings today with your access code: AFD222
Check out the link below to access the Agent E&O Portal Insurance Manual to ensure you select the coverage that is right for you.
The Advocis Advantage
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The Advocis Advantage is built on a foundation of 10 key pillars designed to provide the highest level of protection with personalized service.
Exclusive coverage for members of AFDS
Consistent Premium stability maintained even in hard insurance markets.
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Advisor protection through the ABS Inc. E&O policies provides coverage for vicarious exposure stemming from a claim(s) from a referred service
Privacy insurance protection with limits up to $250,000 in coverage.
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Coverage C: Up to $5 million liability in individual E&O coverage available ($1000 deductible applies). Personal Corporation Coverage included as the personal corporation being considered as an Additional insured on the E&O policy (subject to certain conditions and regulatory requirements).
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Unlimited Term Extended Reporting Period for a one-time premium available for retirees or individuals leaving the industry (lesser limit options are available too).
Corporate E&O coverage available for staffed corporations or where provincially required
An uninterrupted ABS Inc. E&O policy will provide protection continuity even when advisors change employers.
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Full service teams available in English and French.
Full Prior Act(s) coverage for any unknown covered activities. Agents can be assured that activities undertaken (while being sponsored by others) will be protected. Past E&O programs did not carry forward this protection to the present, but our new relationship with STEP Canada's insurance program will provide protection for claims that can arise from past actions (as long as there was no prior knowledge that those actions may become claims).
Advocis Broker Services has a wide range of coverage options tailored to meet your needs and ensure you have maximum coverage.
About Advocis Broker Services
Advocis Broker Services Inc. was established to serve the needs of financial institutions, financial advisors, and financial planners in Canada. Our team is dedicated to understanding your business. Our affiliation with Advocis, The Financial Advisors Association of Canada, provides us with the necessary insight into the financial services industry.
With more than 13,000 members in 40 chapters across the country, Advocis is the largest voluntary professional membership association of financial advisors in Canada. Advocis is the definitive voice of the profession, advocating for financial advisors, financial planners and consumer protection. As a broker who understands firsthand our clients’ unique needs and who develops insurance and risk management solutions to safeguard them properly, Advocis Broker Services is a compelling source of advisor protection.
Advocis Broker Services understands your business risk needs.
