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Property And Casualty Insurance Agents Errors And Omissions Insurance

02/27/2013 07:45am - via http://errorsandomission... - Details

shoptildrop19: Statistics prove one out of seven agents will submit an E&O claim during their career. In fact, insurance agents rank fourth among professions for legal claims initiated against them. Only physicians, attorneys and accountants have more (Tillinghast...

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shoptildrop19 saved this page on 03/23/2013 10:26pm

Statistics prove one out of seven agents will submit an E&O claim during their career. In fact, insurance agents rank fourth among professions for legal claims initiated against them. Only physicians, attorneys and accountants have more (Tillinghast Survey). A broker agent that is not adequately insured by Insurance Agent E&O Insurance is exposed to the possibility of being held fully responsible for the damages if a lawsuit is filed against them. Insurance brokers provide essential services to customers through assisting them to locate and acquire complete insurance coverage. Many agent brokers, however, rarely think about the exposure that is involved with property and casualty insurance sales. Guidance that you suggest for policies, either to obtain or skip, could return as a EO claim when a client claims that you were faulty in your direction. Clients facing a major problem with an insurance policy, or inadequate coverage, could file a legal action against you, threatening your bus

odDaniloD88y saved this page on 03/07/2013 10:44am

Statistics prove one out of seven agents will submit an E&O claim during their career. In fact, insurance agents rank fourth among professions for legal claims initiated against them. Only physicians, attorneys and accountants have more (Tillinghast Survey). A broker agent that is not adequately insured by Insurance Agent E&O Insurance is exposed to the possibility of being held fully responsible for the damages if a lawsuit is filed against them. Insurance brokers provide essential services to customers through assisting them to locate and acquire complete insurance coverage. Many agent brokers, however, rarely think about the exposure that is involved with property and casualty insurance sales. Guidance that you suggest for policies, either to obtain or skip, could return as a EO claim when a client claims that you were faulty in your direction. Clients facing a major problem with an insurance policy, or inadequate coverage, could file a legal action against you, threateni

1786barnes saved this page on 03/11/2013 11:05pm

Statistics show 1 out of 7 insurance agents will report an EO claim at some point during their career. Today insurance agents are 4th among professions in claims filed against them. Only physicians, attorneys and accountants have more (Tillinghast Survey). An agent broker not properly protected by Insurance Agent Professional Liability Insurance risks the possibility of being held fully responsible for the damages if a claim is filed against them. Insurance agent brokers render vital services to clients thru guiding them to find and obtain proper insurance. Some insurance brokers, though, never consider the risk involved with this profession. Advice that you make for coverage, either to buy or turn down , can come back as a law suite in the event a customer feels that you were mistaken in your judgment. Customers facing a financial loss regarding insurance coverage, or miscoverage, can lodge a lawsuit naming you, endangering your agency, livelihood and property. == Reasons

mspinella25 saved this page on 03/15/2013 05:19am

Statistics show 1 out of 7 insurance agents will report an EO claim at some point during their career. Today insurance agents are 4th among professions in claims filed against them. Only physicians, attorneys and accountants have more (Tillinghast Survey). An agent broker not properly protected by Insurance Agent Professional Liability Insurance risks the possibility of being held fully responsible for the damages if a claim is filed against them. Insurance agent brokers render vital services to clients thru guiding them to find and obtain proper insurance. Some insurance brokers, though, never consider the risk involved with this profession. Advice that you make for coverage, either to buy or turn down , can come back as a law suite in the event a customer feels that you were mistaken in your judgment. Customers facing a financial loss regarding insurance coverage, or miscoverage, can lodge a lawsuit naming you, endangering your agency, livelihood and property. == Reasons

camron04 saved this page on 03/20/2013 06:13am

Statistics prove one out of seven agents will submit an E&O claim during their career. In fact, insurance agents rank fourth among professions for legal claims initiated against them. Only physicians, attorneys and accountants have more (Tillinghast Survey). A broker agent that is not adequately insured by Insurance Agent E&O Insurance is exposed to the possibility of being held fully responsible for the damages if a lawsuit is filed against them. Insurance brokers provide essential services to customers through assisting them to locate and acquire complete insurance coverage. Many agent brokers, however, rarely think about the exposure that is involved with property and casualty insurance sales. Guidance that you suggest for policies, either to obtain or skip, could return as a EO claim when a client claims that you were faulty in your direction. Clients facing a major problem with an insurance policy, or inadequate coverage, could file a legal action against you, threateni

iamsoul70 saved this page on 03/23/2013 08:17am

Statistically 1 out of every 7 brokers will file an E and O claim in their career. Insurance agents are 4th among professions in number of legal proceedings being filed against them. Only physicians, attorneys and accountants have more (Tillinghast Survey). An insurance broker not properly covered by Errors And Omissions Insurance risks the possibility of being held fully responsible for the damages if a claim is filed against them. Insurance agencies render vital services to individuals, families, and businesses by helping them to find and contract adequate insurance protection. Most brokers, though, do not contemplate the risk involved with retail insurance sales. Recommendations that you provide for insurance, either to purchase or decline, may come back as a legal claim where a customer decides that you were wrong in your guidance. Customers facing a financial loss regarding insurance coverage, or lack thereof, may lodge a claim naming you, endangering your career, livelihood and p

decansocmed saved this page on 04/01/2013 11:09pm

Historically 1 in 7 agencies will report an Errors and Omissions claim at some point in their career. Currently insurance agents rank fourth among professions in lawsuits filed against them. Only physicians, attorneys and accountants have more (Tillinghast Survey). An insurance agent broker that is not adequately protected by Errors and Omissions is exposed to the possibility of being held fully responsible for the damages if a lawsuit is filed against them. Insurance agents provide essential services to clients thru consulting them to locate and purchase proper protection. Some agents, however, never realize the exposure that is involved with the insurance industry. Advice that you make for coverage, either to buy or bypass, can return as a liability if a client feels that you were mistaken in your advice. Clients facing a major problem with an insurance policy, or lack of coverage, can file a lawsuit against you, threatening your agency, income and possessions. == Reasons For Errors

abritinspain saved this page on 06/11/2013 01:56am

Statistics show 1 out of 7 insurance agents will report an EO claim at some point during their career. Today insurance agents are 4th among professions in claims filed against them. Only physicians, attorneys and accountants have more (Tillinghast Survey). An agent broker not properly protected by Insurance Agent Professional Liability Insurance risks the possibility of being held fully responsible for the damages if a claim is filed against them. Insurance agent brokers render vital services to clients thru guiding them to find and obtain proper insurance. Some insurance brokers, though, never consider the risk involved with this profession. Advice that you make for coverage, either to buy or turn down , can come back as a law suite in the event a customer feels that you were mistaken in your judgment. Customers facing a financial loss regarding insurance coverage, or miscoverage, can lodge a lawsuit naming you, endangering your agency, livelihood and property. == Reasons For Insuranc

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