Program highlights

The financial strength and stability of Markel ensures you can be confident in our ability to meet our obligations to our policyholders. Read more about our ratings here.

  • Coverage is written on a surplus lines basis in all 50 states
  • Markel can write coverage for any broker that has a surplus lines license.
Strong defense provision
  • “Right and duty” to defend – a contractual obligation to defend against covered wrongful acts
  • Most protective option available to policyholders
Incident trigger
  • Written demand not required to trigger loss control
  • 50% waiver of deductible (up to $12,500) for claim settlement through mediation
Broad coverage for business activities
  • Professional services rendered or advice given to others by the insured for a fee, remuneration, or other consideration
  • Activities as a Financial Planner, Registered Representative, Registered Investment Advisor, Pension Consultant, Investment Consultant, Investment Manager, or Life Insurance Agent
  • Automatic coverage for acts as a Fiduciary
    • Management of clients’ retirement plans
    • Personal liability protection from the Pension Protection Act of 2006
Extended coverages available by endorsement
  • Product sales 
  • Tax preparation 
  • Limited trustee services
  • D&O (Management Liability)
  • DataBreach
    • Personal Identifiable Information (PII)
    • Wire fraud
    • Media liability
Limit options from $100,000/$200,000 to $5,000,000/$5,000,000
  • Examined on a case-by-case basis
Deductible options from $1,000

Premium discounts
  • Fee-only financial advisors and financial planning-only practices 
  • Multiple advisor firms
  • Members of trade associations, custodians, and other organizations which are affinity partners
Additional policy features
  • Worldwide coverage for claims brought in the U.S., its territories, and Canada
  • Free 60-day extended reporting period
  • One-year bilateral tail 

*Markel write coverage for any broker that has a surplus lines license.