E&O Insurance for Medico Insurance Company

Errors and Omissions Insurance Program for Medico Insurance Company AGENTS

Apply for Medico Insurance Company E&O Insurance Renew   Policy   Policy 01/01/2017 to 01/01/2018   E&O Renewal Reminder

E&O Program Introduction

  • 360 Coverage Pros provides an Errors & Omissions insurance program exclusively for Agents appointed with Medico Insurance Company. Since 1990, 360 Coverage Pros has assisted thousands of agents with their E&O needs.

About This Coverage

  • This E&O Policy renews on January 1st. All certificates of insurance issued under this policy will renew January 1st. Premiums are prorated based on chosen effective date of coverage.

Pricing Information

$1 Million per claim / $1 Million annual aggregate
Life, accident and health, disability income activities, universal life, fixed and indexed annuities, section 125, employee benefit plans, and managed health care organizations.
Effective Date Pay In Full or Down Payment w/ Monthly Payment
01/01/18 $435.00 $64.17 $39.17
02/01/18 $400.83 $64.17 $39.17
03/01/18 $366.67 $64.17 $39.17
04/01/18 $332.50 $64.17 $39.17
05/01/18 $298.33 $64.17 $39.17
06/01/18 $264.17 $64.17 $39.17
07/01/18 $230.00 $64.17 $39.17
08/01/18 $195.83 $64.17 $39.17
09/01/18 $161.67 $64.17 $39.17
10/01/18 Apply today for $127.50 $64.17 $39.17
11/01/18 $93.33 $64.17 $39.17
12/01/18 $59.17 $59.17 $0.00
   View more limit, coverage and pricing options
  • Premiums are prorated to allow for mid-policy enrollment
  • The Following Pricing and Payment Information Applies:
    • Pricing includes premium and applicable administrative fees
    • Down payment includes one month's premium, administration fees, and a $5.00 monthly processing fee
    • Monthly payments include one month's premium and $5.00 processing fee
    • Monthly payments will begin the third business day of the month after the enrollment effective date
  • At the time of enrollment, each agent will be required to make a non-refundable payment in the amount of the first month’s premium (minimum earned premium). Administrative fees and minimum earned premium are non-refundable.
  • This policy renews on January 1st of each year.

Program Eligibility

  • You must be actively contracted with Medico Insurance Company at the time of your effective date under this policy in order to be eligible for coverage
  • You must be actively contracted with Medico Insurance Company at the time you submit a claim under this policy in order to be eligible for coverage.
  • If you are no longer affiliated with Medico Insurance Company during the policy period, coverage for any new business activities ceases immediately as of your termination date. You will be covered under an Extended Reporting Period beginning on the date of termination. Please see the policy for further details.

Program Features

  • Guarantee Issue – Group preferred rates for Medico Insurance Company and American Republic Agents
  • Coverage includes life, accident and health, disability income activities, universal life, annuities and section 125, employee benefit plans, managed health care organizations
  • Additional coverage for mutual funds and variable products available if purchased
  • Coverage includes financial planning activities in conjunction with services and products described above whether or not a separate fee is charged
  • Defense costs are provided and are included within the limits of liability.
  • Provides coverage for your administrative, clerical and support personnel while they are acting on your behalf
  • Provides coverage for any affiliated corporation, partnership or agency for their liability arising out of the individual insured's professional services
  • Instant certificate of insurance for qualified applicants
  • Automatic Extended Reporting Period of 3 years
  • $10,000,000 policy aggregate
  • Important: This is a claims made and reported policy. Claims must be submitted immediately in writing to the insurer. Coverage only applies to claims first made during the policy period. Claims must be reported during the policy period; or, during an extended reporting period (ERP). Prior acts are covered back to the first day of continuous E&O coverage. Please refer to the policy form for claim reporting provisions and definition of a claim, prior acts definition, and ERP details.

Coverage Limits

  • $1 Million per claim / $1 Million annual aggregate
  • $1 Million per claim / $3 Million annual aggregate
  • $2 Million per claim / $2 Million annual aggregate

Deductibles and Retentions

  • $500 retention for Medico Insurance Company product-related claims
  • $1,000 retention for Non Medico Insurance Company claims
  • $2,500 retention for Variable & Mutual Fund products

Payment Options

  • Pay in full or choose monthly payments via credit card or electronic funds transfer (EFT). For those customers that select the monthly payment option, your credit card or EFT will be processed on the 3rd business day of each month.


  • This errors and omissions coverage is placed with an admitted carrier. Please reference the A.M. Best rating chart and disclosures link below for an explanation of admitted and non-admitted carriers.
  • One or more of the CNA companies provide the products and/or services described. The information is intended to present a general overview for illustrative purposes only. It is not intended to constitute a binding contract. Please remember that only the relevant insurance policy can provide the actual terms, coverages, amounts, conditions and exclusions for an insured. All products and services may not be available in all states and may be subject to change without notice. “CNA" is a registered trademark of CNA Financial Corporation. Certain CNA Financial Corporation subsidiaries use the "CNA" service mark in connection with insurance underwriting and claims activities. Copyright © 2018 CNA. All rights reserved.
    CNA is an A.M. Best A (Excellent) XV rated carrier.


Program Administrator

  • Gallagher Affinity
  • Refer to the policy form for additional definitions, terms, and conditions. Please contact us with any questions or concerns; you can also visit our Frequently Asked Questions for more information.

Rate Calculator

Not due to renew yet?

Sign up for a FREE renewal reminder and avoid a gap in coverage.
Set Renewal Reminder

x close

Admin Login