Need E&O Insurance

Seniorgirl411 · 08-22-2009, 07:34 PM

Looking for a good price on E&O. What would be the minimum amounts I should do? I will only work with life, health and possibly long term care and annuities. Thanks.

VaDwayne · 08-22-2009, 07:50 PM

Originally Posted by Seniorgirl411

Looking for a good price on E&O. What would be the minimum amounts I should do? I will only work with life, health and possibly long term care and annuities. Thanks.

I would recommend National Ethics Bureau. Most offer 1million/1million coverage but NEO will give you 1million/2million for $495.00 a year, and the will debit your checking account monthly if money is tight for you.

National Ethics Bureau - Membership - Overview

DavidD1 · 08-22-2009, 09:54 PM

Originally Posted by Seniorgirl411

Looking for a good price on E&O. What would be the minimum amounts I should do? I will only work with life, health and possibly long term care and annuities. Thanks.

Be patient...some GA's will allow you to be Indy and pay ur E&O based on production...our does

Seniorgirl411 · 08-22-2009, 10:09 PM

Hey VADwayne...contact me. Talked with Frank and he mentioned I should talk with you regarding how he helped you. My email is kdw411@comcast.net

Thatguy · 08-23-2009, 07:14 PM

eoforless.com is the best one I have seen

Seniorgirl411 · 08-23-2009, 09:04 PM

Thanks. I will check those out, but keep up any other suggestions. Money is tight right now.

VaDwayne · 08-23-2009, 09:09 PM

Originally Posted by Thatguy

eoforless.com is the best one I have seen

E&Oforless.com is National Ethics Bureau.

Markingriffin · 08-23-2009, 09:35 PM

Originally Posted by VaDwayne

E&Oforless.com is National Ethics Bureau.

NEB members save $100 on the E and O.

I can save you money on the NEB membership. Just email me.

Seniorgirl411 · 08-23-2009, 09:48 PM

Originally Posted by VaDwayne

E&Oforless.com is National Ethics Bureau.

Is that bad or good?

Thatguy · 08-24-2009, 02:54 PM

eoforless is NEB, but it's cheaper to go through eoforless. At least, it has been my experience, don't kill me if it's not correct

Questions · 08-24-2009, 03:25 PM

if you offer bcbs...
www.bcs-eo.com

uhcougars · 08-28-2009, 10:41 PM

I need this insurance too. But i have no experience.

tyler9953 · 08-29-2009, 01:58 AM

I have mine through CalSurance. I think it is less than $400 per year for $1mil/$1mil. I don't have any carriers that require more than that. That was the best deal I found. You can do everything online with them. Google CalSurance. It is easy You have to pay quarterly I think though. It is around $100 a quarter.

BTW, E&O sucks...you will most likely never use it...ever...

DG7 · 09-09-2009, 09:32 AM

I am new at the insurance business... and I would like to know what is a fair amount to put in a E&O application for gross premium and commissions for 12months.