EOforLess review for insurance agents: E&O cost, coverage and policy terms
Agent E&O covers your defense and any payment when a client blames a mistake in your work for a loss. EOforLess is a Gallagher brand that sells it online through two partner programs, both written by CNA companies.
Life and health agents enroll in a NAPA program, and P&C agents enroll in one run by 360 Coverage Pros. Both show the premium before you apply.
- Best for
- Experienced life, health and Medicare agents and solo P&C agents who want to buy online
- Price
- From $374 a year for Medicare only, $441 for life and health Option A and $643 for P&C, each for $1 million per claim (published October 2026)
- Insurer
- CNA companies, rated A+ (Superior) by AM Best
- Lines covered
- Life, health, Medicare, annuities, securities and P&C
- Policy form
- Claims-made and reported: the claim has to be made and reported to the insurer during the policy
- Admitted
- Yes, so a state guaranty fund backs claims if the insurer fails
- Newly licensed
- No separate rate on the EOforLess path
Our take
EOforLess suits an agent who wants to compare a price and buy E&O online in one sitting. It is a storefront, so the coverage comes from the NAPA or 360 Coverage Pros program you pick.
Most life and health agents buy Option A at $441 a year for $1 million per claim and $3 million a year, with no deductible. Solo P&C agents buy basic P&C at $643 for $1 million per claim, with a $7,500 deductible on each claim. Both prices were published in October 2026.
On the P&C side, the limit is $1 million per claim and $1 million or $2 million a year. Defense costs come out of that limit on both paths.
Pros
- Premiums are shown before you apply
- CNA companies rated A+ by AM Best write both programs
- Proof of insurance as soon as you're approved
- Life and health and P&C paths from one site
- Monthly payments by card or bank draft
Cons
- EOforLess doesn't write the coverage, so terms depend on the partner program
- Defense costs reduce the limit
- Basic P&C carries a $7,500 deductible on each claim
- No separate newly licensed rate on this path
Who can buy
- Licenses
- The licenses each product you sell requires. The application asks for your license number and first license date
- Lines
- Life and health agents pick Option A, B or C or Medicare only. P&C agents pick basic or expanded P&C
- Agency size or revenue
- The cyber option is priced for agents under $250,000 in commissions. Agency rates shown are for under $250,000 in revenue
- Membership required
- Yes on life and health. You join NAPA, and the $60 dues are in the price
What it costs
| Program | Limit | Deductible | Paid in full | Monthly option |
|---|---|---|---|---|
| Option ALife, health and MedicareWhere most life and health agents start | $1M per claim, $3M a year | $0 | $441 | $138 down, then $33 a month |
| Option BAdds fixed and indexed annuities | $1M per claim, $3M a year | $0 | $524 | $144.92 down, then $39.92 a month |
| Option CAdds variable products and mutual funds | $1M per claim, $3M a year | $0, or $5,000 on securities | $644 | $154.92 down, then $49.92 a month |
| Option A with cyberAdds a cyber policy for $100 more | $1M per claim, $3M a year | $0, or $5,000 on cyber | $559 | $147.87 down, then $42.83 a month |
| Medicare onlyMedicare products only | $1M per claim, $1M a year | $0 | $374 | $132.42 down, then $27.42 a month |
| Basic P&CSolo P&C agent | $1M per claim, $1M or $2M a year | $7,500 | $643 | $102.62 down, then $54.58 a month |
| Life and health agency, Level 1Sold on NAPA's agency page | $1M per claim, $1M a year | $0 on life and health | $1,530 | $302.92 down, then $127.92 a month |
| P&C agency, Level 1Sold on NAPA's agency page | $1M per claim, $1M a year | $5,000 | $980 | $257.12 down, then $82.08 a month |
Premiums as of October 2026 from the NAPA and 360 Coverage Pros enrollment pages EOforLess links to. Each is a published rate for the buyer shown. It isn't a quote, since underwriting sets your final price.
| Cost | Amount | Notes |
|---|---|---|
| NAPA membership dues | $60 a year | Included in the life and health and agency premiums |
| Administration fee | $45 life and health, $48 P&C | Included in the premium. Not refunded |
| Processing fee | $5 a month | Monthly plans only |
| Expanded P&C lines | Extra premium | Price shown only when you apply |
Compare the programs
| Life and health | P&C | |
|---|---|---|
| Run by | NAPA | 360 Coverage Pros |
| Lines | Life, health, Medicare, annuities, securities | Personal and commercial P&C |
| Admitted | ||
| Policy form | Claims-made and reported | Claims-made and reported |
| Top limit | $2M per claim | $1M per claim, $2M a year |
| Defense outside limits | ||
| Newly licensed pricing | ||
| Covers employees | Support staff | On agency policies |
Insurer and admitted status
- Issuing insurer
- One or more CNA companies. Your certificate names the exact one
- AM Best rating
- A+ (Superior), in the largest financial size class (XV)
- Admitted
- Yes on both paths. Some expanded commercial lines on agency policies can go to surplus lines insurers
- Administrator
- NAPA runs life and health and 360 Coverage Pros runs P&C. EOforLess is a Gallagher brand that sends you to them
- States
- All 50 states and U.S. territories for life and health
AM Best rating as published by the program pages in October 2026.
Policy form, prior acts and tail
- Policy form
- Claims-made and reported
- Retroactive date
- The first day of your continuous E&O coverage. Older mistakes aren't covered
- Prior acts
- Covered back to that date if you never had a gap. The Medicare-only option covers only past Medicare sales
- Tail options
- You can buy an extended reporting period, extra time to report claims after you stop coverage. NAPA says agents usually buy one to five years when they retire or leave the business
Claims-made means the policy in force when the claim is made pays it. Keep your retroactive date when you switch by starting the new policy the day the old one ends.
Limits, deductibles and defense
| Limit per claim | Aggregate | Deductible |
|---|---|---|
| $1 million | $3 million | $0 on life, health and fixed or indexed annuities. $5,000 on variable products and mutual funds |
| $2 million | $2 million | Same as Options A, B and C. Experienced life and health agents only |
| $1 million | $1 million | $0 on Medicare only |
| $1 million | $1 million or $2 million | $7,500 on basic P&C |
Per claim is the most paid for one claim. The aggregate is the most paid in a year for all claims. The deductible is your share of each claim.
- Defense costs
- Inside the limit, and the deductible applies to them
- Program cap
- All agents in the program share a total of $50 million a year for life and health and $25 million for P&C, except in New York. A very large loss elsewhere could use some of it up
Consent to settle and exclusions
Excluded
- Punitive damages
- Multiple employer welfare arrangements (MEWAs)
- Losses from a self-funded plan going broke
- Non-Medicare sales on the Medicare-only option
- Carrier insolvency on life and health, unless the carrier was admitted and rated A- or better when you sold the policy
Who the policy covers
- The agency
- Covered only for claims over your own work on the individual policy. Agency policies cover the agency, its owners and staff
- Employees
- Support staff while working for you
- Independent contractors
- Covered on agency P&C policies while acting for the agency. The individual policy doesn't cover them
Included and optional coverage
| Coverage | Included or optional | Limit |
|---|---|---|
| Regulatory defense | Included on life and health | See the policy |
| Privacy claims | Included on life and health | $25,000 a claim, $250,000 a year |
| Social media | Included on life and health | Within the policy limit |
| Military activation | Included on life and health | See the policy |
| Cyber | Optional on life and health | $100,000 privacy liability for $100 more |
| Standalone cyber | Optional on P&C | From $199 a year |
How to apply
Pick a path
Start on the EOforLess agents page and choose life and health or P&C.
Complete the application
You enroll on the NAPA or 360 Coverage Pros page. Some P&C applications use an account on mga-eo.com.
Have your details ready
Your license number, first license date, a payment method and sometimes a carrier writing number.
Bind and pay
Pay in full or monthly by card or bank draft.
Get the certificate
Proof of insurance is available as soon as you're approved.
EOforLess advertises binding in about five minutes.
Claims and risk management
- How to report
- In writing to the insurer
- When to report
- As soon as you can. The claim must be made and reported during the policy or a tail period
Cancellation and renewal
- You cancel
- Send the cancellation request through the EOforLess contact form
- Refunds
- Dues, admin fees and the minimum earned premium aren't refunded
- Renewal date
- Renews automatically each year
- Payment options
- Pay in full, or monthly by card or bank draft. Life and health drafts on the 1st, P&C on the 3rd
EOforLess alternatives
- NAPA E&OFrom $355 a year, newly licensed, $1M/$3M, $0 deductibleSame CNA program with a newly licensed rate
- InsureonQuote onlyOnline marketplace comparing several insurers
- HiscoxQuote onlyBuy direct from the insurer online
- Travelers through AMBAQuote onlyTravelers policy for life and health agents
- Get Insured 24/7Quote onlyBinds life and health E&O online in about 10 minutes
See every option in E&O insurance for insurance agents.
Frequently asked questions
How much does EOforLess E&O cost?
Life and health Option A is $441 a year and Medicare only is $374, each for a $1 million per-claim limit. Basic P&C is $643 and a P&C agency starts at $980, as published in October 2026.
Is EOforLess the insurance company?
No. CNA companies issue the policies, and NAPA or 360 Coverage Pros runs the program you join.
Is there a newly licensed rate?
Not on the EOforLess path. NAPA sells a lower newly licensed rate on its own site.
Are defense costs inside or outside the limit?
Inside on both programs, and the deductible applies to them.
Do I keep prior acts if I switch to EOforLess?
Yes, back to the first day of continuous E&O, as long as there's no gap between policies.
How fast do I get a certificate?
Proof of insurance is available as soon as your application is approved.
How we researched this review. We based this review on the pricing, terms and product pages published by EOforLess, reviewed in October 2026, together with our team's experience working with insurance agents and agency owners since 2008.
Corrections
Vendors change their pricing all the time and they don't email us when they do. So if you see a price on here that's gone up, a plan EOforLess quit selling or a contract term that reads different now, let us know and send the link to the page where EOforLess has it. Somebody here pulls up that page and checks it before we change anything on ours.