Trying to escape captivity from Healthhmarkets wondering if that means I must purchase E&O insurance or if you go through GA or IMO if that might be included---if so who would you recommend?
If you get through a carrier, is it good for only that carrier or good across the board? do you know if that includes life too. Thanks for your response I will click around your site to see mre about the training you offer...
It's good across the board but if you get it through a carrier there's typically a discount. And E&O will cover all life & health but not cover P&C or financial products unless you purchase that type of E&O.
I need to get E&O as well what company would everyone recommend? I am a member of IHIAA and can get it through them for a decent cost. The only thing I see that I don't like is it won't cover any company that has below a A- rating. Just looking for some recommendations as I am in the exact same boat as Ozmo and I finally saw the light thanks to some people on this forum and my close friends.
I have it through Marsh under the BCBS program. $460 per year $1M/$1M with a $1500 deductible.
Check with them and also with John's carrier for E&O (IHIAA) and ask them again about the ratings. I talked at length with several about this and that below A- is not always accurate.
What I have been told is that you are covered for any company regardless of rating. However, if a company becomes insolvent and has a rating below A- at the time of insolvency, you would not be covered for claims arising from that insolvency.