0
Erroros and Omissions is a type of insurance for professionals (much like malpractice for doctors) such as an insurance agent or accountant. It protects them from unintentional mistakes they may make in the course of their work. For example an insurance agent writes a policy for $30,000 instead of $300,000. The aggregate limit of $300,000 refers to the total amount of coverage available during the policy period. Some policies "reset" policy limits after a claim is resolved but policies with an aggregate limit get chopped away at by each claim and can eventually be drained to $0.
Still curious? Ask our experts.
Chat with our AI personalities
Lao
Vivi
ProfessorAdd your answer:
Earn +20 pts
What Georgia car insurance is recommended for drivers with a DUI?
The minimum coverage for Georgia is $15000 per person/ $30000 per accident. The recommended coverage, however, is $100000 per person/ $300000 per accident.
How is your account balance different from your minimum?
300000
What is the minimum wage of a orthodontics?
about 300000 dollars a year
What is 95 percent of 300000?
95% of 300000= 95% * 300000= 0.95 * 300000= 285,000
What is 300000 80 percent of?
80% of 300000 = 240000 = 80% * 300000 = 80%/100% * 300000 = 240000
What is 1 64ths of 300000?
1/64 of 300000 = 300000/64 = 4687.5
What is 8 percent of 300000?
8% of 300000 = 300000*8/100 = 24000
What is 50 percent of 300000?
50% of 300000 = 0.5 x 300000= 150000
How much is 40 percent of 300000?
40% of 300,000= 40% * 300000= 0.4 * 300000= 120,000
How many ten-thousands are in 300000?
300000 ÷ 10000 = 30thus, there are 30 ten-thousands in 300000.
What is 290152 rounded to hundred thousand?
It is 300000
What is 300000 plus 5000000000?
300000 + 5000000000 = 5000300000
