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Some of Our Broad Policy Features
- Broad "Professional Service" definition
- Includes Leased Personnel
- Includes "Predecessor in Interest"
- Includes retired principals while acting as consultants for the
Named Insured
- Innocent Principal coverage
- Includes Blanket Contractual Liability coverage
- Worldwide coverage
- Automatic Extended "Claims" Reporting Period of 60 days
- Three Year Extended Reporting Period option with predetermined
premium
- Blanket Joint Venture coverage for the Insured's portion of the
joint venture regardless of the joint venture partner's activity
- Specific "Project Excess" on a separately insured project if added
by endorsement
- No Asbestos exclusion
- No Pollution exclusion
- No Cost Estimates exclusion
- Equity Interest exclusion amended to include coverage for situations
where the Insured's ownership interest is 20% or less
- No Bankruptcy exclusion
- Favorable Notice of Circumstance provision
- Pre-Claims assistance
- Oral or written claim notice
- Prior knowledge is limited to the effective date of the first policy
with Lloyd's.
- Allowable Insured expense of $250 per day up to $5,000 total for
attending a legal proceeding at the Company's request
- Punitive damages covered on libel and slander
- Mediation Credit of up to 50% of the deductible with a maximum
of $20,000 if a claim is settled by mediation
- Subrogation enhancement allowing 100% recovery of the Insured's
deductible if a subrogation recovery is made
Register Now to Take Advantage of These Great Features!
Not all features available in every policy. |
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