American Association Long-Term Care Insurance Announces E&O Insurance Program for Medicare Agents

S For Story/10704597
Group Errors & Omissions Policy Offers Comprehensive Coverage for Medicare Advantage and Medigap Agents with No Mandatory Association Membership Fee.

LOS ANGELES - s4story -- The American Association for Long-Term Care Insurance (AALTCI) today announced the rollout of its updated Errors and Omissions (E&O) liability insurance program tailored specifically for independent insurance agents and brokers marketing Medicare solutions.

Underwritten by Allianz Global Risks US Insurance Company (rated A+ Superior by A.M. Best) and administered by CalSurance Associates, the program offers broad professional liability protection for agents selling Medicare Supplement (Medigap), Medicare Advantage (MA/MAPD), and Medicare Part D prescription drug plans.

A primary highlight of the updated program is the elimination of mandatory annual association membership fees, allowing licensed health insurance agents to access competitive group purchasing rates without added overhead costs.

"Agents gearing up for the busy Medicare Annual Enrollment Period need quick, reliable, and cost-effective professional liability coverage," stated Jesse Slome, Director of the American Association for Long-Term Care Insurance. "By removing the requirement for additional association dues, we are enabling Medicare Supplement and Medicare Advantage brokers to secure comprehensive E&O protection at maximum savings."

More on S For Story
Key Features of the Medicare Agent E&O Insurance Program Include:
  • Zero Mandatory Membership Dues: Direct online access without extra association fees.
  • Multiple Coverage Tiers: Specialized coverage options covering Medicare Supplement, Medicare Advantage, Part D, Life, Health, Annuities, and LTC products.
  • Instant Certificate Generation: A streamlined 5-minute online application process providing immediate Certificate of Insurance (COI) download upon payment.
  • Flexible Coverage Limits: Limits ranging from $500,000 per claim / $500,000 aggregate up to $2,000,000 per claim / $2,000,000 aggregate.
  • Essential Built-In Protections: Includes Defense Outside Policy Limits, low deductibles starting at $500, and Personal Data Compromise (Cyber) coverage.
  • New Agent Discounts: Reduced premium schedules designed for newly licensed insurance agents.

Insurance agents, brokers, and agency managers seeking plan details, pricing tiers, or online enrollment can visit the Association's dedicated hub at https://www.aaltci.org/Medicare-agent-eo-insurance/index.php or review specialized options on the Medicare Supplement E&O Insurance Guide (https://www.google.com/search?q=https://www.aaltci.org/Medicare-agent-eo-insurance/medicare-supplement-eo-insurance.php).

More on S For Story
About the American Association for Long-Term Care Insurance: The American Association for Long-Term Care Insurance (AALTCI) is a national organization dedicated to creating consumer awareness and supporting insurance professionals with comprehensive resources, research, and professional liability insurance programs.

Contact
AALTCI, Jesse Slome
***@aaltci.org


Source: AALTCI

Show All News | Disclaimer | Report Violation

0 Comments

Latest on S For Story