Frequently Asked Questions

How do I apply?

To obtain coverage simply click Buy Now. It will take you to questions that you need to complete to obtain coverage. After you have answered them, you will be approved and taken to the payment page. If you need help in completing the application, have any questions, or are not accepted for coverage, please contact Tom Bonnau at ProSurance Group, Inc. Direct: (650)-538-2432 FAX: (772)-617-6505 or Email: tbonnau@one80.com

Am I eligible for this program?

If you are a life insurance agent utilizing I-Genius by Levinson & Associates, Inc. you are eligible for coverage under this program. However, if your commissions as a life insurance agent exceed $500,000, you cannot enroll on the website. Contact Tom Bonnau at ProSurance Group, Inc. Direct: (650)-538-2432 FAX: (772)-617-6505 or Email: tbonnau@one80.com to determine your options. If you sell products that are not insured under this program, contact Tom Bonnau at ProSurance Group, Inc. Direct: (650)-538-2432 FAX: (772)-617-6505 or Email: tbonnau@one80.com

Do I qualify if my revenue exceeds $500,000 as an agent?

You may qualify for coverage under this program if your revenue in the 12 months prior to your requested date exceeds $500,000. However, your cost must be calculated based on your commission revenue. Please contact Tom Bonnau at ProSurance Group, Inc. Direct: (650)-538-2432 FAX: (772)-617-6505 or Email: tbonnau@one80.com

How soon can I get coverage?

Your application will be reviewed while you are online. After you pay for the policy, your coverage will incept on the date you have chosen. Your coverage inception date cannot precede the date that you complete the application.

What does it cost?

The cost of coverage varies by the limits and coverage option you choose. To see the costs, click Home.

Can I cancel my coverage and get a refund?

You can certainly cancel your policy at any time. However, when you cancel the policy you will no longer have coverage for wrongful acts that occurred during the policy period. A claims made policy only covers claims reported to the insurance company while the policy is in force. You will not receive a refund when you cancel a policy.

How do I get a certificate of insurance?

Once you are an insured, (you have been accepted and paid) you can print a certificate of insurance that can be sent to your insurance carriers as evidence that you have coverage. If you need to print a certificate of insurance at a later date, you can access your account and print more copies. After you pay for your policy and print your certificate you will be prompted to create a user name and password to allow you to return to your account.

What if the website doesn’t allow me to complete this application?

Your eligibility for coverage will be evaluated immediately. If you qualify for coverage you will be prompted to enter your credit card information. If additional information is needed or there are problems with your credit card, you will receive an error message telling you what to do. If you need help, ProSurance Group, Inc. will be happy to assist you. Please contact Tom Bonnau at (650)-538-2432 FAX: (772)-617-6505 or Email: tbonnau@one80.com

What if my application is rejected?

You may not qualify for this program for various reasons. However, ProSurance Group, Inc. may be able to obtain coverage for you from other sources. Please contact Tom Bonnau at (650)-538-2432 FAX: (772)-617-6505 or Email: tbonnau@one80.com

How do I get coverage if the policy doesn’t insure all of my products and services?

ProSurance Group, Inc. may be able to obtain coverage for you from other sources. Please contact Tom Bonnau at (650)-538-2432 FAX: (772)-617-6505 or Email: tbonnau@one80.com

How do I pay for coverage?

You can only pay for coverage online during the application process with your credit card. This website is certified as secure and your payment information is encrypted.

How long does it take for my application to be approved?

Your application for coverage is evaluated as soon as you complete the application. If you qualify for coverage, you will be notified that your application was accepted. After your credit card payment is accepted, coverage will incept on the date you have chosen.

Can I apply by phone?

No. You can only obtain coverage for the I-Genius by Levinson & Associates, Inc. program through this website. If you have questions or need help, ProSurance Group, Inc. may be able to obtain coverage for you from other sources. Please contact Tom Bonnau at (650)-538-2432 FAX: (772)-617-6505 or Email: tbonnau@one80.com

How do I get help completing the application?

If you have questions or need help, please contact Tom Bonnau at ProSurance Group (650)-538-2432 FAX: (772)-617-6505 or Email: tbonnau@one80.com

What is a claims made policy?

A claims made policy insures you for claims reported to the insurance carrier during the policy period, as long as the wrongful act that led to the claim occurred after your retroactive date. Your retroactive date is the date you first bought and continuously maintained professional liability coverage for the wrongful act. Click Coverage for details and an example of the policy for the precise definition of this coverage.

Who is insured under this policy?

If applying as an individual, you are insured under this policy. The company you own, control, or employs you has vicarious liability coverage for claims arising out of your wrongful acts. Your non-licensed employees are also insured to a certain extent. Click for details and Sample of the policy for the precise definition of coverage.

Are my employees insured?

Your non-licensed employees are covered while acting as your assistant in connection with products and services for which you are insured under this policy. Click Coverage for details and Sample of the policy for the precise definition of this coverage.

What limits are available?

Each insured life insurance agent will have $1,000,000 or $2,000,000, depending on the limit chosen, to pay for defense and any indemnity for an individual claim. The maximum payable for all claims depends on the limit option chosen and can be increased as high as $3,000,000 for additional premium. There is a $10,000,000 program aggregate to pay for all claims, which can be raised as the number of life insurance agents insured in the program grows. Click Coverage for more details and an example of the policy for the precise definition of this coverage.

What are the policy deductibles?

A deductible, also known as a retention, is the amount that you will pay before the insurance company starts paying. The amount varies by the products involved in the claim. If only fixed insurance products are involved, the deductible is $500. If fixed or indexed annuities are part of the claim, it is $2,500. Click Policy Info for more details and an example of the policy for the precise definition of this coverage.

Am I insured for the sale of insurance through insurance companies and IMOs other than I-Genius by Levinson & Associates?

Yes. You are insured as a life insurance agent representing all of your carriers. Coverage isn’t limited to I-Genius by Levinson & Associates products. Click Policy Info for more details and an example of the policy for the precise definition of this coverage.

What products and services are covered by Option A & B?

Two coverage options for Life Insurance products are offered:
Option A covers you for claims arising out of the sale or service of fixed life, accident and health, disability income and long-term care insurance products only. Under option A there is no coverage for fixed and indexed annuities.

Option B adds fixed and indexed annuities to the coverage.

Click Policy Info for more details and an example of the policy for the precise definition of this coverage. Neither Options A nor B insures you for the sale of variable products, mutual funds, or other securities. If you sell securities, ProSurance Group, Inc. can obtain coverage for you from other sources. Please contact Tom Bonnau at (650)-538-2432 FAX: (772)-617-6505 or Email: tbonnau@one80.com

Am I insured for the sale of life, health and disability insurance?

Yes. Under Options A and B, such coverage is provided. Click Policy Info for more details and an example of the policy for the precise definition of this coverage.

Am I insured for the sale of annuities?

Annuity coverage is provided under coverage Option B, but not Option A. However, it is limited to fixed and indexed annuities. You are not insured for the sale of variable annuities. Click Policy Info for more details and an example of the policy for the precise definition of this coverage.

Am I insured for the sale of variable products, mutual funds or other securities?

No. Coverage is limited to fixed products only. If you do sell securities, ProSurance Group, Inc. can obtain coverage for you from other sources. Please contact Tom Bonnau at ProSurance Group, Inc. (650)-538-2432 FAX: (772)-617-6505 or Email: tbonnau@one80.com

Am I insured for the sale of property and casualty insurance?

No, Property & Casualty insurance coverage is not covered under this policy.

Do I have prior acts coverage? Does this policy insure me for my wrongful acts prior to its inception?

Yes. Your retroactive date determines how far back your coverage extends. This policy sets your retroactive date as the first date of continuously maintained professional liability coverage for the wrongful act leading to the claim. Hence, any claim arising out of an otherwise covered wrongful act, which occurred after the retroactive date will be insured, as long as your policy is still in force and it is reported to the carrier during the policy period. Click Policy Info for more details and a Sample of the policy for the precise definition of this coverage.

Am I insured as a third-party administrator?

No. However, if you provide such services, ProSurance Group, Inc may be able to obtain coverage for you from other sources. Please contact Tom Bonnau at (650)-538-2432 FAX: (772)-617-6505 or Email: tbonnau@one80.com

When does my coverage become effective?

The application asks you to state a date upon which coverage should incept. Each participant will receive 12 months of coverage, incepting on that date. Any date within 60 days after the date you complete the application is acceptable.

Who is National Casualty Company?

National Casualty Company is a subsidiary of Nationwide Mutual Insurance Company. It is rated A+ (Excellent) XV by A. M. Best and is the sixth largest Property and Casualty Insurance Company in the United States.

Who is ProSurance Group, Inc.?

ProSurance Group, Inc. is a managing general agency contracted with National Casualty Company to provide professional liability insurance for the financial services industries. It administers the Financial Services Professional Liability Purchasing Group, of which you will become a member when you purchase coverage in this program. ProSurance Group worked Levinson & Associates to design an E&O program for their life insurance agents.

Who do I contact if I have a question?

Contact Tom Bonnau at ProSurance Group, Inc. (650)-538-2432 FAX: (772)-617-6505 or Email: tbonnau@one80.com

What should I do if I have a claim?

If you have a claim, contact Tai Vu at tducvu@one80.com or (650) 538-2434. Be prepared to send all information regarding the claim to ProSurance Group, Inc. 5050 El Camino Real, Suite 300, Los Altos, CA 94022.

How do I change my contact information?

Using your user name and password that you entered during the application process, you can return to your account and update your information and print certificates of insurance.