LEGACYGRAM!

Need-to-know information critical to your business.

February 9, 2009

2009 E&O Program Now Available Online

Errors and Omissions coverage is essential to protect your professional and personal interests. That’s why Legacy requires Producers to have $1 million/$1 million in coverage and Wholesalers to have $1 million/$2 million in coverage. Visit LegacyNet^® today for all the materials you need to renew or apply for E&O coverage in Legacy’s 2009-2010 group-sponsored program. From the Legacy Service Center, select “E&O Information" from the "Other Tools" pull-down menu.

Exciting updates to our 2009-2010 E&O insurance program include:

• Easy-to-complete, save, and distribute online renewal or enrollment options.
• Very competitive rates within the E&O industry.
• Group policies and financial planning now included in basic coverage.
• Coverage for Legacy and other companies’ products included in one low price (as low as $622).
• $25,000 minimum production requirement still applies.
• Strong retroactive coverage—retroactive date is the date of your first continuous E&O policy.
• Insolvency or bankruptcy exclusion does not apply to insurers doing business with Legacy that are rated at least B+ by A.M. Best as of the date the product was sold to the client.

Coverage under Legacy’s 2008-2009 group-sponsored program EXPIRES MARCH 1, 2009. Renew or apply for coverage today to avoid any delays! Producers are required to have submitted at least $25,000 in premium with Legacy in 2008 to renew in 2009.

Please note: You will need additional coverage and must complete a different application if any of the following apply (contact Sheri Pontolillo at sheri@eopros.com, if you require this application):

• You desire coverage as a Registered Investment Advisor.
• Your annual revenue is $999,999 or more.
• You have a previous loss history.
• You desire coverage for activities of non-Legacy subagents.

Remember, the program covers Wholesalers for claims involving Legacy products, provided the subagent involved has E&O coverage of at least $1 million/$1 million for the claim.

If you have already enrolled in an E&O program, be sure to fax your proof of coverage to Legacy Licensing and Contracting at 800-813-6095.

Reminder: Under the Legacy Exclusive Program, Producers who do not purchase annual E&O coverage from Legacy or provide proof of coverage from another company will be charged a nonrefundable E&O premium of $160 per contract issued.

For more information, please contact Kathy Phipps at 866-579-6303, Ext. 1, or kathy@eopros.com.

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