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Protect Yourself with BCS
Errors & Omissions Insurance Coverage
EBRM Offers Guaranteed Issue with Group Discount
A new BCS Errors & Omissions policy, available only to authorized agents of EBRM, is a guaranteed issue insurance plan that features group discounted premiums with two coverage options: individual and agency. Among the plan features is first dollar defense costs and prior acts coverage back to first date of continuous E&O coverage.
“When EBRM notified me that they would be offering E&O coverage, I checked it out and found the plan to be very well priced, below what I had previously been paying,” explains broker John Cassano of John Cassano & Associates of West Chicago. “It was easy to apply for and, just like everything else EBRM does, ended up as a ‘win-win’ for me.”
This Errors & Omissions plan, offered to any EBRM broker with a valid BCBS contract, features a $1,000 deductible on BCBS product-related claims for damages only, and a $2,500 deductible for non-BCBS claims for damages only. Prices start as low as $39.17 per month.
E&O coverage is provided for the sales and servicing of life, accident and health, disability income products as well as mutual funds, variable products, universal life, annuities and section 125, employee benefits plan and self-funding managed health care organizations. For individual policies, coverage extends to administrative, clerical and support personnel while they are acting on your behalf.
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