E&O insurance requirements are the carrier, brokerage, or regulatory standards dictating minimum professional liability limits and policy features producers must maintain to transact business. Common thresholds include $1-$2 million aggregate limits, named insured matching contracting entity, and current certificates on file. Some organizations specify approved carriers, retroactive dates, or endorsements. Failure to maintain E&O can suspend appointments, block application submissions, or void contract advances. Clear documentation and renewal tracking ensure advisors meet onboarding and ongoing supervision standards.

Operations teams enforce E&O thresholds at onboarding and renewal, requesting certificates with named insured, policy number, limits, effective dates, and carrier. Platforms often block e-app access when E&O lapses. Advisors coordinate with their broker to adjust limits for higher-risk cases and retain proof for audits. Meeting requirements sustains carrier appointments and avoids business interruption.