The Investment Advisor Application for E&O

Yes — the application is completed online.

AdvisorCovered.com has simplified the process, making it easy to apply for E&O coverage online.

Presently, we are not taking phone applications.

No.

Financial history alone does not automatically prevent you from obtaining coverage.

Yes — you can increase limits during the policy year.

You generally cannot reduce limits mid-term because the insurer has already accepted the higher exposure.

Insurance carriers earn part of the premium immediately when coverage begins. This means if you cancel early, a minimum portion of the policy cost is still retained.

Yes — coverage applies to the services you perform, not a specific carrier, as long as the products fall within covered professional services.

You’ll get a copy of your certificate to download directly after you purchase your policy.

Your certificate is also available inside your AdvisorCovered account after the policy is issued.

Yes — you can request a certificate holder when a carrier, employer, or agency requires proof of coverage.

No.

This is an individual or agency professional liability policy. It protects your professional services — not other businesses or partners directly.

I most cases, you’ll receive policy confirmation and your policy will issue directly after making payment.

However:
If your application requires an underwriting exception, you’ll receive notice via email.