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What is the difference between co pay and co insurance?

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19th Nov 2009 by Mark P. Cussen, CFP, CMFC

E & O insurance stands for errors and omissions insurance. Financial professionals of various types, such as insurance agents and investment brokers carry this insurance as protection against clerical or order entry errors. If they make a mistake in their jobs that results in a financial loss, then this coverage will pay the claim.

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This answer is the subjective opinion of the writer and not of FinancialAdvisory.com



10th Nov 2009 In Insurance 1 Answers | 204 Views
Subjects: co insurance, co pay,

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What is the difference between co pay and co insurance?


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