Lawyers Liability Features & Highlights
- Carrier rated A- “Excellent” XI by A.M. Best & Company
- Program limits of liability up to $5 Million, higher limits may be available per carrier
- Several deductible options available, including zero dollar and aggregate deductibles
- Claims expense outside the limits available for most classes
- Claims made & reported, pay on behalf & duty to defend policy form
- Prior acts coverage
- Coverage provided for independent contractors and “of counsel”
- Broad definition of professional legal services; includes notary public, title insurance agent, publication or presentation of research papers or similar materials
- Coverage extension for lawful spouse, domestic partner, estate and legal representative
- Predecessor firm coverage included
- Innocent insured coverage
- Worldwide coverage
- Automatic 60 day extended reporting period from termination of policy
- Optional extended reporting options for 1 year, 2 years, 3 years, 5 years and unlimited
- Free extended reporting related to death, total & permanent disability in addition to retiring attorneys if insured continuously for 3 years with carrier
- Liberal equity interest exclusion
- Loss of earnings $500 a day max of $50,000
- Disciplinary proceedings $25,000 each insured, max of $100,000
- 50% deductible for settlement of medicated claims
- Ability to quote from competitors application
Lawyers Liability Links
