Errors and Omissions Insurance
Lawyers Professional Liability in CA, CO, CT, DC, GA, IL, IN, KY, MD, MI, MN, NC, NJ, OH, PA, SC, TN, TX, VA & WI
Protection Advantage helps to keep law practices secure and solvent with the highest-quality lawyers’ malpractice insurance. Features include:
- > Carrier rated A- "Excellent" XIII 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 policy
- > Optional extended reporting 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 mediated claims
- > Ability to quote from competitors application
- > Eligibility for firms ranging from 1-25 attorneys
To find out more, please contact us, or request a quote.