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Coverage Highlights and Product Specifics:
- Joint Venture Coverage
- Asbestos and Pollution coverage
- Innocent Principal Coverage
- Broad “professional services” definition
- Automatic Equity Interest Coverage – up to 20%
- Mediation Credit of 50% up to $20,000
- Broad Definition of “insured”
- Automatic Waiver of Subrogation when required by clients and accepted prior to claim
- Worldwide Coverage
- Admitted in most states (excluding: Alaska, Wyoming and Hawaii)
- Claims-made and reported policy
- Claims expenses erode the limit of liability and the deductible
Product Specifics:
- Limits up to $2 million perlcaims/$2 million aggregate
- Minimum deductible of $5,000
- If an insured requests higher deductible, the system generates an appropriate credit depending on the account and deductible size
- Minimum premium of $2,500
Marketing Material
A&E Brochure*
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