errors and omission insurance

Message Author
ampm-bookmark
delicious-small Add to delicious
yahoomyweb-small Add to YahooMyWeb
blinklist-small Add to BlinkList
PostPosted: Wed Jul 21, 2010 7:44 am   Post subject: errors and omission insurance  

errors and omission insurance would help business persons insure their financial stuff more efficiently. For more details goto LINK REMOVED BY MOD-LORI

Ritz
New member
Leave a quick message



Joined: 21 Jul 2010
Posts: 1


1.31 Dollars($)

PostPosted: Tue Jul 27, 2010 9:36 pm   Post subject:   

Errors & Omissions insurance (E&O) has nothing to do with "insuring [your] financial stuff" unless you mean protecting one's savings and other assets from the claims of third parties for the negligent mistakes of your professional conduct. Insurance agents and securities representatives generally have E&O insurance.



It is the functional equivalent of "professional liability" coverage that engineers, accountants, architects, lawyers, nurses, doctors,and dentists (among other occupations) obtain to cover their personal liability for harm done to others. Doctors, nurses, and lawyers know it as "malpractice" insurance.



Whether the conversation is about E&O, professional liability, or malpractice insurance, the end result is the same: the policy protects against claims due to NEGLIGENCE. Criminal acts are not covered. Being careless or stupid is.



As Forrest Gump would say, "Stupid is as stupid does. But at least stupid might be smart enough to have insurance to cover it."



_________________

CA-licensed Life & Disability Analyst. CA Insurance Lic #0596197. Also investigating insurance company abuses, and providing litigation support/expert witness services. Send me your questions, and I'll send you my answers.
MaxHerr
Forum Expert
Leave a quick message

MaxHerr
Forum Expert

Joined: 29 Nov 2009
Posts: 7888

Location: Pomona CA
107.52 Dollars($)

PostPosted: Tue Jul 27, 2010 10:54 pm   Post subject:   

Quote:
errors and omission insurance would help business persons insure their financial stuff more efficiently.
Written just like a business man/woman I want to do business with...



Look Ritz...NO hawking of wares in this forum..PERIOD...please read and adher to our terms of use, failure to do so will result in being banned from this site.



Feel free to contact me with any questions.


_________________

"Never, never be afraid to do what's right, especially if the well being of a person or animal is at stake. Society's punishments are small compared to the wounds we inflict on our soul when we look the other way." Martin Luther King Jr.
Lori
Forum Expert
Leave a quick message

Lori
Forum Expert

Joined: 10 Sep 2007
Posts: 8080

Location: Missouri
287.93 Dollars($)

PostPosted: Thu Sep 16, 2010 12:35 pm   Post subject:   

Please adhere to our forum norms as Lori pointed out.



http://www.ampminsure.org/termsofuse/

Andy
Customer Care Dept.
Leave a quick message



Joined: 09 Aug 2007
Posts: 66


17.60 Dollars($)

Quick Reply
Your Name
Subject
Message body
All times are GMT
Page 1 of 1


Get a Quote
Ask Community Experts

flash plugin

Quick Links

Must See

Community

Hot topics in forums

Latest in blogs

    Connection Error: Connection refused