E&O Insurance
Table of Contents:
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Chapter 1: Liability Dangers |
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Public Awareness: |
Page 1 |
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Classified as a professional |
2 |
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Malpractice Insurance Policies |
4 |
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Standard of Care |
5 |
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In Summary |
9 |
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Chapter 2: General Liability |
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Industry Variety |
10 |
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Insurance Agents |
11 |
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Insurance Agents’ Professional Negligence |
12 |
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Insurance Agents’ Presumed Negligence |
13 |
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Insurance Agents’ Contributory Negligence |
14 |
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Insurance Agents’ Imputed Negligence |
14 |
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Insurance Agents’ Negligence in Tort Liability |
15 |
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Express Authority & Ostensible Authority |
17 |
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Torts & the Basis for Liability Claims |
19 |
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Torts & Contracts |
20 |
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Liability Under Torts |
20 |
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Insurance Agents’ Civil & Criminal Violations |
20 |
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Insurance Agents’ Breach of Contract |
22 |
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Breach of an Implied Agreement Theory |
23 |
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Breach of Contract Theory |
23 |
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Legally Binding Insurance Contract |
23 |
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Relevance |
24 |
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A Contract of Adhesion |
24 |
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For Review: |
25 |
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Accountant’s Liabilities |
25 |
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When Are Accountant’s Not Liable to Third Parties? |
26 |
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Accountant Negligence |
28 |
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Accountant Breach of Contract |
29 |
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Accountants’ Civil & Criminal Violations |
30 |
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Investment Advisor’s Liabilities |
30 |
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Stockbroker’s Liability |
32 |
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Stockbroker Negligence |
33 |
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Stockbroker Breach of Contract |
34 |
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For Review: |
35 |
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Chapter 3: Preventive Measures |
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Public Harm |
37 |
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Triggers |
37 |
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Financial Planning in the Real World (risk) |
38 |
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The Degree of Risk |
41 |
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Inflation |
42 |
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Likelihood of Loss |
45 |
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Degree of Loss |
46 |
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Risk Classifications |
47 |
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Who Should Carry the Burden of Risk? |
49 |
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What Type of Documentation? |
51 |
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Claiming Unearned Education or Experience |
51 |
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Full Disclosure |
52 |
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Release of Liability Form |
52 |
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What Is Due Diligence? |
54 |
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Fiduciary Duties |
55 |
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Keeping Current on New Trends |
56 |
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Chapter 4: The Policy |
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By Any Other Name . . . |
58 |
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Claims-made & Occurrence policies |
60 |
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Insurance Agents |
63 |
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Financial Planners |
64 |
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Chapter 5: Professional Ethics |
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Industry Ethics |
65 |
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Personal Ethics |
66 |
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What Are Ethics? |
66 |
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Virtues |
68 |
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What Motivates Ethical Behavior? |
70 |
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Egoists |
73 |
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What Are Our Responsibilities to Other Moral Persons? |
79 |
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Establishing Our Identity |
80 |
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Objectivist Ethics |
81 |
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How Can One Be Ethically Active? |
82 |
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Laws and Ethics |
88 |
United Insurance Educators, Inc.
PO Box 1030
Eatonville, WA 98328
(253) 846-1155