E&O Insurance Decline

Discussion in 'E&O - Errors and Omissions for Insurance Agents' started by Sphwales, Jan 11, 2017.

  1. Sphwales
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    Sphwales New Member

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    I had my life and A/H lisence revoked in 2006. I was able to get relicensed can't find a E&O company to insure me. Does anyone know of any companies that would take a risk like this?
     
  2. goillini52
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    goillini52 Well-Known Member

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    Not all carriers require E&O, but even the ones that don't might have a problem with WHY your license was revoked.:skeptical:
     
  3. Sphwales
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    Sphwales New Member

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    I'm referring to a E&O company insuring me. I've been able to get appointed with a few companies to sell for but am having a very difficult time finding an E&O company to insure me. Looking for E&O on myself.
     
  4. goillini52
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    goillini52 Well-Known Member

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    I understood that you're looking for E&O. I didn't realize that you already had some contracts.
     
  5. Sphwales
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    Sphwales New Member

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    Do you know of any E&O companies that would underwrite a higher risk person?
     
  6. goillini52
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    goillini52 Well-Known Member

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    I don't know about the risk. I've had it with NAPA for years.

    https://www.napa-benefits.org/

    I've seen some FMO's that provide E&O to agents that covers them for the products you write through them. Whether or not they'd take a higher risk...I don't know. Youmight want to check with Ritter. What type of insurance do you sell?
     
  7. MGBAgency
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    MGBAgency Well-Known Member

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    What???? Name one!
     
  8. goillini52
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    goillini52 Well-Known Member

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    No...you name one.:twitchy:

    Name one what?

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    If you're asking me to name a carrier that doesn't require E&O, I'm not going to spend any time looking them up...I'd estimate that at least 1/3 don't require it. I'm talking Medicare Supplements and Final Expense.

    You only asked me to name one...Aetna.:yes:
     
  9. mplsmm
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    mplsmm Well-Known Member

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    Progressive has E&O for insurance agents through ABA.
     
  10. indienoise
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    indienoise Well-Known Member

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    You should probably contact an agency that specializes in e&o.

    I've heard good things about useo.com
     

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