I Need 2 Million $$ Cap Life Accident and Health E&O

[kalifa18]

Napa has an interesting product:
$1 Million per claim / $3 Million annual aggregate – Great news! $1M/$1M limits have been increased to $1M/$3M for the same low price.
$2 Million per claim / $2 Million annual aggregate $469
Deductibles And Retentions (according to their website)
E&O for less has:
$1M/Each Claim
$2M/Aggregate $497

Are they both well accepted by the insurance companies?
Which one is better for a $2 million cap for Life Accident and help/
Thanks

 

[goillini52]

Napa has an interesting product:
$1 Million per claim / $3 Million annual aggregate – Great news! $1M/$1M limits have been increased to $1M/$3M for the same low price.
$2 Million per claim / $2 Million annual aggregate $469
Deductibles And Retentions (according to their website)
E&O for less has:
$1M/Each Claim
$2M/Aggregate $497

Are they both well accepted by the insurance companies?
Which one is better for a $2 million cap for Life Accident and help/
Thanks

NAPA's fine. They have several company sponsored programs. It depends on whether or not you need $2Million per claim or per year as to which one's better for you.

 

[kalifa18]

NAPA's fine. They have several company sponsored programs. It depends on whether or not you need $2Million per claim or per year as to which one's better for you.

Thanks bro. I assume 2 million dollars cap means 2 million per claim. Is that right?

 

[goillini52]

Thanks bro. I assume 2 million dollars cap means 2 million per claim. Is that right?

Yes...the 2 Million aggregate is for the year.

 

[kalifa18]

Ok,thanks,i got it 2 M cap means 2M maximun in 1 calendar year.

 

[goillini52]

Ok,thanks,i got it 2 M cap means 2M maximun in 1 calendar year.

You could have two $1Million claims that total $2Million per year.

 

[kalifa18]

You could have two $1Million claims that total $2Million per year.

You're right. I went with NAPA 1M/3M.
Thanks