You must be actively appointed with Blue Cross and Blue Shield of Texas at the time of your effective date and at the time you submit a claim under this policy in order to be eligible for coverage.
Apply for coverage$1,105.00
$130.00 Down and $105.00/month
At the time of enrollment, each agent will be required to make a non-refundable payment in the amount of the first month’s premium (minimum earned premium). Administrative fees and minimum earned premium are non-refundable.
This plan is a group plan which requires the applying agency to be appointed with Blue Cross and Blue Shield of Texas as of the coverage date as well as at the time of submitted claim under the policy.
Premiums are prorated to allow for mid-policy enrollment. All enrollments must start on the first of the month. Premiums are based on coverage limits and the Net Agency Income (net commission and fee income for the previous 12 months); that is, commissions retained by your agency after payment of commissions to independent sub-producers writing through your agency.
To calculate the plan premium for your agency, select a desired coverage amount, an effective date and your agency's Net Agency Income for the previous 12 months. Plan pricing is shown as a single payment option and a down payment (1st Payment) and a monthly amount. Single payment options include a $25 administrative fee. Monthly payment options also include a $15 per month processing fee. The first payment will be processed immediately. Future monthly payments will be processed in advance on the 3rd day of the month.
This policy renews on December 1st of each year.
Premiums are prorated to allow for mid-policy enrollment.
No Master Policy Aggregate. Sublimits of coverage and/or policy aggregates may apply to specific endorsements within the Master Policy. Please read your policy carefully.
This is a claims made and reported policy. Claims must be submitted as soon as practicable in writing to the insurer. Coverage only applies to claims first made during the policy period and claims must be reported during the policy period or during an extended reporting period (ERP). Prior acts are covered back to the first day of continuous E&O coverage. Please refer to the policy form for claim reporting provisions and definition of a claim, prior acts definition, and ERP details.
First dollar defense costs are provided and are within the limits of liability. Punitive damages are not covered by the policy.
Provides coverage for: the Insured agency; any owner, partner, executive, officer, director, stockholder or employee of the Insured agency, solely while acting within the scope of the person's duties as such; and any estate, heir, executor, administrator, assignee or legal representative of any Insured in the event of the Insured's death, incapacity or bankruptcy, but only to the extent that such person had coverage under the Policy.
Coverage includes life, accident and health, Medicare, disability income activities as well as mutual funds, variable products, universal life, annuities and section 125, employee benefit plans, self-funded plans, managed health care organizations
Guaranteed Issue – group preferred premiums
Pay in full or choose monthly payments via credit card or electronic funds transfer (EFT). For those customers that select the monthly payment option, your credit card or EFT will be processed on the third of each month.
BCS Insurance Company is an independent entity
Blue Cross and Blue Shield of Texas is a Division of Health Care Service Corporation, a Mutual Legal Reserve Company, an Independent Licensee of the Blue Cross and Blue Shield Association.
This errors and omissions coverage is placed with an admitted carrier. Please reference the A.M. Best rating and disclosures link below for an explanation of admitted and non-admitted carriers.
Your coverage is underwritten by BCS Insurance Company.
bcsins.com
BCS Insurance Company is A.M. Best "A" (Excellent) rated carrier.
A.M. Best rating and other disclosures.
All policy documents are delivered in electronic format by default.
For complete details on covered professional services and exclusions, please refer to the policy form.
All policy documents are delivered in electronic format by default. You can manage your renewal notice delivery options by visiting "Current Policyholders" menu option at the top of the page.
Refer to the policy form for additional definitions, terms, and conditions. Please contact us with any questions or concerns; you can also visit our Frequently Asked Questions for more information.
Gallagher Affinity
Program administrative services include policy review and issuance, premium billing and invoicing, mid-term policy changes, coordination and issuance of certificates of insurance, online enrollment and account management and a dedicated customer support team with phone, chat and online contact features.