ABOUT THE UNDERWRITER NAMIC Insurance Company (NAMIC) is Rated A (excellent) by A.M. Best. NAMICO formed in 1897 to provide professional liability coverages (directors & officers liability, insurance company professional liability, and agents errors & omissions) to members of the National Association of Mutual Insurance Companies and their agents.
UNDERSTANDING YOUR AGENT E&O COVERAGE Like crop insurance, agent professional liability coverage is a specialized segment of the insurance marketplace. When selecting coverage for your agency, consider the following:
Does your policy have? :: Coverage that extends to all lines of business :: Duty to defend you in a lawsuit :: Coverage that extends to other insurance-related service you provide, i.e. risk management and insurance consulting :: First dollar defense - You pay your deductible only if there is an indemnity payment :: Defense cost outside the limit of liability :: Coverage for unrated carriers :: Availability of prior acts coverage :: Available extended reporting period
With agent errors & omissions coverage from NAMICO, you can rest assured that the answer to these important quesions is Yes! Keep your business secure with specialized agent E&O coverage exclusively for crop insurance producers of FMH.