-
Costly Coverage Gaps and How to Avoid Them
Costly Coverage Gaps and How to Avoid Them
11.11.2013Have you ever forgotten to turn off the stove, mail a letter, or set your alarm clock? Perhaps you forgot your keys as you were leaving your home or failed to pack your laptop for a business trip?
In the midst of juggling the obligations of daily business, it’s easy to forget to accomplish a task here or there and make up for it later. In the case of renewing E&O insurance, you can’t afford to “forget” because the cost of a gap in coverage could be catastrophic.
Sue Smith is a life insurance agent who has been in business for 15 years. Although Sue has never had a claim brought against her and does not expect to, she has diligently maintained Life & Health Insurance Agent’s E&O coverage since the inception of her insurance career to protect her business and personal assets.
All information provided in this blog is for informational purposes only. The sources used are presumed accurate. CalSurance Associates, Brown & Brown Program Insurance Services, Inc. and Brown & Brown, Inc. will not be liable for any errors, omissions, losses, injuries or damages arising from its display or use and will not assume responsibility for any misguided information. No guarantees are implied.
Written by
CalSurance Team
Published November 2013