E&O Insurance

Discussion in 'E&O - Errors and Omissions for Insurance Agents' started by joshril, Nov 7, 2006.

  1. joshril
    Offline

    joshril Guru

    Posts:
    1,326
    Likes Received:
    1
    State:
    Oregon
    I have always had my E&O paid for me and was wondering who you all used for your E&O. I wouldn't mind paying a little more if I get set it up monthly if it was still good coverage to help with cashflow..

    Thanks!!
     
  2. somarco
    Offline

    somarco That Medicare Guy

    Posts:
    26,707
    Likes Received:
    140
    State:
    Georgia
  3. joshril
    Offline

    joshril Guru

    Posts:
    1,326
    Likes Received:
    1
    State:
    Oregon
    E&O

    I intend to sell mutual funds, VA's, etc. in the future... should I go ahead and get coverage for those products or can I wait until I actually start selling them?
     
  4. somarco
    Offline

    somarco That Medicare Guy

    Posts:
    26,707
    Likes Received:
    140
    State:
    Georgia
    I see no reason to pay extra for coverage you do not need at this point. Ask the folks who write your E&O if there is a problem in restructuring the coverage mid year.
     
  5. Superchief
    Offline

    Superchief Guru

    Posts:
    462
    Likes Received:
    0
    NAPA -- $33.00 a month.
     
  6. MIBizInsurance
    Offline

    MIBizInsurance Guru

    Posts:
    279
    Likes Received:
    0
    Checked out NAPA and only saw the $700 a year plan, even 500k was more then 33 a month.

    How did you get for $33 a month?

    Thanks.
     
  7. Superchief
    Offline

    Superchief Guru

    Posts:
    462
    Likes Received:
    0
    I got NAPA sponsored through one of my company appointments. I got $1M / $1M for the $33.00. There's also a $72.00 annual fee.
     
  8. K-Dub
    Offline

    K-Dub Super Genius

    Posts:
    232
    Likes Received:
    0
    Yup

    I got the same deal!
     
  9. MIBizInsurance
    Offline

    MIBizInsurance Guru

    Posts:
    279
    Likes Received:
    0
    OK, spill the beans!

    What company does one need to get appointed with?
     
  10. Superchief
    Offline

    Superchief Guru

    Posts:
    462
    Likes Received:
    0
    I got mine through United Teacher Associates. I believe Great American offers the same sponsorship & I'm sure there are others.
     
Loading...

Share This Page