Divorce Financial Consultants

Divorce Financial Consultants

We have a strong relationship with Markel Cambridge Alliance, who has been at the forefront of the Errors & Omissions insurance market for Divorce Financial Consultants since 2006. Even with recurring economic volatility throughout the years, Markel Cambridge Alliance has remained a solid, stable market.

Coverage Highlights

  • 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 other by the insured for a fe, renumeration, or other consideration
  • Activities including divorce mediation, preperation of expert testimony and financial models, and personal budgeting advice
  • Assistance to a licensed attorney in preperation of a Qualified Domestic Relations Order (QDRO)

Multiple coverage options

  • Stand-alone Divorce Financial Consultant Policy
  • Also available as an endorsement to a Registered Investment Advisor policy

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

  • Member of trade associations, custodians, and other organizations whicha 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

Our Customers Say

Patty and the entire Tonry team work tirelessly to provide GS Security with best in class services.  They are like an extension of our in house staff!

Executive Sales

GS Security Systems, Inc.