I Need E&O Coverage for a New Life Health Agency

rich10jr · 03-17-2009, 11:31 PM

I need E&O coverage for a new life and health agency.

Markingriffin · 03-18-2009, 10:54 AM

Originally Posted by rich10jr

I need E&O coverage for a new life and health agency.

[COLOR=#0000ff]http://www.ethicscheck.com/eo/[/COLOR] $495 a year.

Rockwood · 07-17-2009, 09:20 AM

Originally Posted by rich10jr

I need E&O coverage for a new life and health agency.

Just wondering if you were still looking for E&O coverage. We at Rockwood have a great program. Check us out at [COLOR=blue]rockwoodinsurance.com[/COLOR] or you can reply to me and let me know. Thanks and look forward to hearing from you.

Best Regards,
Tom

VolAgent · 07-17-2009, 12:19 PM

Just out of curiosity, what makes your E&O worth its high price tag?

Originally Posted by Rockwood

Just wondering if you were still looking for E&O coverage. We at Rockwood have a great program. Check us out at [COLOR=blue]rockwoodinsurance.com[/COLOR] or you can reply to me and let me know. Thanks and look forward to hearing from you.

Best Regards,
Tom

Rockwood · 07-20-2009, 10:38 AM

Originally Posted by VolAgent

Just out of curiosity, what makes your E&O worth its high price tag?

Our policy is a portable no minimal commission needs policy. We write for Lloyds of London who have been in business for over 200 hundred years. It is written as an individual policy so that you will not be sharing your limits of liability with other agents, as you do with a group policy.
We provide a $25,000 aggregate limit on identity theft protection at no additional cost. If you would be interested in hearing more please let me know.

Thank you.

GreenSky · 07-20-2009, 11:03 AM

The reason most companies charge about $500 for E&O is because their loss ratio is very low. Rarely does a L&H agent get sued and that's reflected in the rates.

I see no reason to pay a high price for a policy from Lloyd's and certainly adding a gimick like identity theft coverage does not make it more attractive.

There are many reasons to buy some items on price. Hookers come to mind (only because I just got off the phone with M&M) but E&O?

Rick

Markingriffin · 07-20-2009, 11:13 AM

I would not pay more for E and O just for a name sake.

There are a ton of cheap deals out there now, all for under $500 for what most of us need.