NAPA Expands E&O Insurance Program for Life & Health Agencies

The National Association of Professional Agents (NAPA) announced it has expanded its Errors & Omissions (E&O) insurance program. The enhancements aim to make its accessible and comprehensive coverage more readily available to high-volume life and health insurance agencies.

In addition to the program enhancements, NAPA has launched a new coverage option specifically for Independent Marketing Organizations (IMOs). This new offering is designed to provide tailored protection for the unique risks faced by these entities within the insurance sector.

NAPA stated that these program expansions are intended to offer professional agents and agencies improved support and protection against professional liability claims. The organization seeks to solidify its position as a provider of risk management solutions for the insurance industry.

The expanded insurance programs are effective immediately. NAPA has a history of providing specialized insurance products to the industry and indicates these updates are in response to evolving market demands and client requirements.