E&O Coverage Finalized
E&O has been finalized for the 2016-2017 insurance period. We will be at a flat renewal of $2,700. You should have already received an invoice from Lori Kidd. The remaining fee balance will be due by August 8, 2016. If you choose to pay by check, please note that payment is due immediately or your commissions will be held to cover the outstanding fee. If you have questions, please call Lori at 217-542-1223 or send her an email at lorik@investment-planners.com.
This year, we will be changing carriers from CV Starr to Chubb (f/k/a ACE). I hope to have an E&O coverage guide to you in the next few weeks. The retention remains the same with the same coverage levels. Your E&O Certificates will be sent out by the end of this week. Please let me know if you have specific questions on the policy. Thanks, Renee