Archive for August, 2017

Low Cost E&O Insurance Offered To Agents

Tuesday, August 1st, 2017

For the first time, a low-cost Errors and Omissions (E&O) insurance policy for agents marketing critical illness insurance, Medicare Supplement and Medicare Advantage and long-term care insurance policies is being made available by the American Association for Critical Illness Insurance as well as the American Association for Medicare Supplement Insurance.

“We are pleased to make available a low-cost, high quality E&O insurance policy for agents who offer critical illness, Medicare Supplement and other insurance policies,” announced Jesse Slome, director of the American Association for Medicare Supplement Insurance.   According to Slome, the new coverage offer some important features and enhancements he believes agents will find of interest.

“First of all, there are more available choices so an agent can choose and pay for only the amount of coverage they need,” Slome shared.  Cost for the E&O insurance starts at $341-per-year including all fees.  “New agents can enroll and there are some discounts available that can save a new agent some money.”

The issuing carrier for the group plan is American Automobile Insurance Company (an Allianz company), which carries an A+ rating from A.M. Best Slome, adds.

“Agents can enroll online which takes five minutes or less and can even pay with a credit card if they prefer,” Slome shares.  “Today, having E&O insurance is often required by insurance carriers but in our litigious world, it makes good sense,” he concluded.

To learn more about the low cost E&O coverage visit the Association’s webpage at http://www.medicaresupp.org/eo where information and links to the online enrollment can be accessed.

The American Association for Medicare Supplement Insurance was established to support the growth of the Medigap industry and support insurance professionals.   Slome also serves as director of the American Association for Long-Term Care Insurance and the National Advisory Center for Short Term Care Information.

Critical Illness Insurance Association Partners With Emerge To Connect Consumers

Tuesday, August 1st, 2017

Los Angeles, CA – July 19, 2017 – To help consumers obtain information and critical illness insurance costs the American Association for Critical Illness Insurance has partnered with Emerge, a digital insurance broker.

“Critical illness insurance sales are growing faster than nearly any other insurance product,” states Jesse Slome, director of the American Association for Critical Illness Insurance.  “Individuals increasingly understand that they are more likely to survive a critical illness than they are to die from it.”

The organization was established originally at the request of several leading critical illness insurance companies and now operates independently providing an online resource for consumers seeking information and access to sources of insurance coverage.   Slome says his goal is to see increased traffic to the organization’s website where information and connections to industry leaders is available.

“We are pleased to announce a continued relationship with Emerge,” Slome announced.  Headquartered in West Hartford, CT, Emerge is a digital insurance broker.  “We are pleased to work with the Association and are committed to providing unbiased advice and quotes to consumers,” stated Wes Thompson, Founder and CEO or Emerge.

The American Association for Critical Illness Insurance provides consumers with relevant information on the issue of critical illness costs and options for insurance protection.  Established by Jesse Slome who serves as director.  Slome is founder and director of the American Association for Long-Term Care Insurance and the American Association for Medicare Supplement Insurance.

To visit the Association’s website or to learn more about critical illness insurance costs and options go to www.criticalillnessinsuranceinfo.org.

Emerge helps consumers calculate out-of-pocket costs for an emergency, offers recommendations for a policy that will fit a consumer’s budget, provide a comparison of quotes and policy details and helps consumers buy a critical illness or accident policy online.