Financial Advisor Insurance & Investment Advisor Insurance

Establishments in this industry provide a large number of financial services. Services include the buying and repackaging of loans, trust, fiduciary and custody services, portfolio management, investment advice, and electronic fund transfers. This industry is comprised of businesses such as banks, fiduciary agencies, mutual fund management companies, and private financial advisors.

There are a lot of risks that financial and investment advisers can face. As you provide financial and investment advice to clients, there is a risk of errors and omissions in your activity. Yes, investments have risks, but when your business makes a mistake, these risks are the responsibility of your business. If that happens, your business will pay for the court fees and any settlements awarded. With insurance, the costs will be covered up to the limits of your policy so you don’t have to pay out of pocket.

Financial advisers provide clients advice in their investments. If your advice did not produce the results that you projected it could cause a huge financial loss for your clients. Other risks that your business could face include:

• Your website could get hacked, and all your customers' private information is leaked.
• Your employees get can get sick or injured on the job, and you are responsible for related expenses.

These are just a few of the many risks that your business could face.

The cost of your insurance depends on the services you offer, the number of employees you have, the coverage you need and many other factors. To find out what your insurance costs, apply online to get a free quote or contact our customer service representatives.