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D/LMC/95446.1
D/LMC/95446.1
                                                                     e-financial
                                                                       depot.com

April  27,  2000

                               Letter of Agreement

By  and  between

e-financial  depot.com  (hereinafter  FDPO)

and

Dan Kovatch, licensed insurance broker and Owner of EZ NOW INSURANCE.COM URL and
web  site  (hereinafter  Kovatch).

This  letter outlines the agreement between the two parties FDPO and Kovatch for
the  purchase  of  EZ  Now Insurance.com URL and web site, which is described as
fully functional and doing web based insurance placement now.  The consideration
for  this  purchase  is  50,000 shares of FDPO paid as regulation 144 restricted
shares.

Also  included in the share consideration is an unspecified amount as inducement
for  Dan  Kovatch  to  join  e-financial  depot as our Insurance Manager, with a
mandate  to  build  the  web  based  Insurance  business.

Compensation  for  Kovatch will be a base salary of $5,000/month plus 20% of the
commissions  earned on the insurance he writes.  When the commission equals 150%
of  salary,  the  salary will be eliminated, and straight commission will apply.

Please  signify  your  agreement  by  signing  below.

Yours  truly,
e-financial  depot.com,  Inc.

/s/  John  Huguet

John  F.  Huguet
President  and  CEO

Agreed  /s/  Dan  Kovatch
Dan  Kovatch