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Benefits of E&O Insurance for Insurance Agents
Having an E&O policy in place provides peace of mind, knowing that you are protected against potential financial ruin due to lawsuits. It also enhances your credibility and professionalism, as clients are more likely to trust an agent who has taken steps to safeguard their interests. Additionally, many insurance companies require agents to carry E&O insurance as part of their contractual agreements, making it a necessary investment for those serious about their careers.