ADMITTED KEY FACTS

 

Product and Coverage Highlights
• Legal Services includes expert witness, lobbyist, title agent and pro bono services
• Insured includes Predecessor Firms, “Of Counsel” and per diem lawyers
• Up to 18-month policy periods
• Damages includes pre-and post-judgement interest, punitive and exemplary damages
• 60-day automatic tail
• Firm ERP Options (1 year at 100%, 2 years at 150%; 3 years at 185%; 5 years at 200%; 7 years at 250%; Unlimited at 350%)
• Individual ERP Options (Firm Departure, Death; Disability; Retirement)
• Disciplinary & Regulatory Proceedings @ $35K / $140K
• Subpoena Coverage/Crisis Event Coverage/Pre Claim Expense Assistance each @ $25K / $125K
• True Worldwide Coverage
• Liberalization Clause
• “Softened Hammer” Clause

Optional Coverages for Eligible Firms

• Client/Project Specific Coverage
• Mutual Selection of Defense Counsel
• Self-Representation & Bordereau Reporting
• Statutory Fines & Penalties Coverage
• Non-Profit Directors & Officers Coverage

Capacity, Premium & Attachment Points

• Primary, Excess and Quota Share participation available
• Coverage available in all 50 states and D.C.
• Limits up to $5M on a primary or excess basis
• Prior Act Coverage, including Full Prior Acts for eligible firms
• Minimum premiums vary by class, generally starting at $10,000
• Multiple Retention options available, generally starting at $7,500