Wholesale, Non-Standard Lawyer Malpractice Insurance
a) Professional Liability Insurance coverage for the "harder to place" law firm.
i. Generally a policy quote can be obtained from a completed competitor's application .
b) Difficult placement may result from:
i. Hazardous, more risky, practice specialization or past
ii. Prior Claim or incident history
iii. Disciplinary action history
iv. Ask us!
c. Policy features may include:
i. Claims expense coverage is outside the limits available
ii. Prior acts coverage available for qualified accounts
iii. Coverage provided for "of counsel" and independent contractors
iv. Broad "professional legal services" definition including arbitrator, mediator, title agent, notary public, and pro bono work
v. Predecessor firm coverage
vi. Built in 30 day extended reporting period from policy termination
vii. Optional extended reporting period for up to 3 years
viii. Innocent insured coverage
ix. Worldwide coverage for legal work performed in US or Canada
x. Coverage extension estate, heirs, executors, administrators and legal representative
xi. Deductible options available
xii. Substantial policy limits available
xiii. Insurer A "Excellent" IX rating, by A.M. Best
xiv. Ask Us.
2. Wholesale, Lawyers' Professional Liability (Malpractice) Insurance - Standard Program
a. Very Competitive, Low Premiums
b. Admitted market
c. Superior policy form.
d. Generous commissions
e. " $5,000,000" malpractice insurance coverage maximum". Higher limits with umbrella.
f. "A" rated by A. M. Best
g. Ask Us!
Sample Quote and More Information Link
Additional information, Contact:
Priscilla Li, Vice President
Cover Agency, Ltd.
Email: priscillali@coveragency.biz
Phones:
Direct: (347) 886-9778
Office: (718) 591-2400