ProSuranceGroup Inc.

Case Studies

Below are several case studies which highlight some of the risks you may face. Find your profession below and either click the right arrow to ‘Listen’ and learn more.


 

Financial Planner

 

As a Financial Planner, you assist your clients in numerous ways – by preparing comprehensive plans, by developing estate and retirement strategies and by offering tax, investment, and insurance advice. You may even prepare tax returns or perform other accounting services for your clients. They look to you to be their expert guide, and may not always clearly hear or understand your admonitions regarding the risks of certain strategies or investments.


 

Life/Accident & Health Insurance Agent

 

As a Life Insurance Agent, your clients trust you to guide them through their survivor, retirement, and estate planning needs. If your client died today, would his family be financially prepared to live without him? They will look to you for assurance. Due to the sensitive nature surrounding your services, claims can happen. Whether they have merit or not, they can cost you substantial amounts of time and money, just to defend yourself and your agency.


 

Investment Adviser

 

As an Investment Adviser, you have been entrusted with the wealth of individuals and institutions. Clients count on you to provide personalized, unbiased advice, and to make informed investment decisions based on their needs and current economic and market conditions. As history suggests, it isn’t easy to navigate between the clients expressed needs and current and future market conditions. Clients will always look to you when they are disappointed. Your heavy responsibility calls for exceptional professional liability protection.


 

Registered Representative

 

As a Registered Representative, you recommend, buy and sell securities for your clients. They look to you to be their expert guide, but may not always clearly listen to or understand your warnings of the risks of volatility of certain investments. Your clients might not even understand that there is no absolute guarantee of making a profit with any investment. That is why you need professional liability insurance to protect you in this fast paced world.


 

Broker-Dealer

 

As a Broker-Dealer, professional liability coverage is a necessity, both for you and your Registred Representatives. Your Registered Representatives deal directly with your clients as your agent. If they make a mistake, or are even accused of making one, you can be held responsible. Many of your Registered Representatives will also have their own clients as they act as life insurance agents, financial planners, and investment advisers. Even if their clients are not your clients, you are likely to be sued when things go wrong for failure to adequately supervise your registered representatives.

Why ProSurance Group Inc.

Prosurance Group, Inc. is an organization experienced in protecting Financial Service Professionals.


We'll help you through:
  • Innovative policy terms
  • Flexible underwriting
  • Competitive financing
  • Sound financial backing
  • Responsive claims service
No One Expects To Be Sued
But as a financial professional, you and your firm could be. Clients rely on your knowledge and expertise to help them and you may be liable for any mistakes you might make. No matter how carefully you perform your job, your daily activities can put your career and financial existence at risk. At any moment, in any situation, an unhappy client can bring a complaint against you.