LPL for Solos/ Small Firm Practitioners from AHERN

Ahern Insurance (a partner of BASF) offers LPL to solos/smalls for reasonable rates, but it’s still thousands per year.

LPL insurance is more or less important depending upon whether you have assets that you want to protect.  LPL protects you, and it can also be seen as a way that you are protecting your clients in the event you make a mistake that harms a client, they may have recourse against your carrier. You may want to reconsider your level of LPL coverage when you get larger clients in the door.