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E&O ?...

Oct 10, 2007

  1. MIBizInsurance
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    MIBizInsurance Guru

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    What is the standard amount of E&O for health appointments and to sell group health?

    I carry 5 million for commercial P&C however it seems that for most health/life appointments 1 million is standard.

    Thanks.
     
  2. Survivor
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    Survivor Super Genius

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    Don't rely on my advice alone, but when I was looking @ going independent a lot wanted 500k and I think Assurant wanted 1m.
     
    Survivor, Oct 10, 2007
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  3. 2112Greg
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    2112Greg Guru

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    I have a 1m/1m E&O policy. A couple carriers wanted 500k, but others wanted 1m...guess how much I took?

    ;)
     
    2112Greg, Oct 11, 2007
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  4. MIBizInsurance
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    MIBizInsurance Guru

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    Thanks, I 've been seeing 500k-1 mill.
    Just wanted to make sure that there weren't any larger carriers that required 2 mill.
     
  5. lifesettlementadvisor
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    If you are doing a Life Settlement, but worried about your E/O coverage, most of the larger brokers will put you on their coverage, but they do not advertise this. Make sure when talking to a Settlement Advisor that you ask.