Master Hard-Placed D&O Insurance for Financial Advisors

Cost Considerations

The cost of D&O insurance for financial advisors can vary significantly based on several factors, including the size of the firm, the scope of operations, the industry sector, and the claims history. On average, premiums can range from a few thousand to several hundred thousand dollars annually. It's essential to compare quotes from multiple providers to find a policy that offers the best balance of coverage and cost. Many insurers offer customizable policies that allow financial advisors to tailor their coverage to specific needs, which can be an effective way to manage costs.