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: Structured Settlements 4Real

Structured Settlement Planning E& O Insurance-3

By John Darer

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The American Association of Long Term Care Insurance is sponsoring an Errors and Omissions plan with similar policy wording regarding structured settlements  to the Society of Financial services Professionals plan I described last week. $1,000,000 limits are available for approximately $510 annual premium.

The policy wording:

"Based upon, arising out of, or in any way involving the offering, sale or servicing of any structured settlement, however this exclusion shall not apply to a Claimant solely based on or arising out of the selling or servicing of a covered product utilized to fund a structured settlement".

Full post as published by Structured Settlements 4Real on July 13, 2010 (boomark / email).

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