Professional Liability


About the Insurance Carrier

Lloyd’s of London

Lloyd’s of London has a history dating back more than 300 years, and has grown to be the world’s leader for specialty insurance.

“A” (Strong) rated by Standard & Poor's

“A-“(Excellent) rated by A.M. Best Rating

About the Insurance Policy

Available Policy Limits:

  • $250,000 per claim / $250,000 annual aggregate
  • $500,000 per claim / $500,000 annual aggregate
  • $1,000,000 per claim / $1,000,000 annual aggregate

(excess limits available on a per case basis)
 


Deductible:

  • $250 per claim for applicants with maximum annual revenue of $150,000
  • $500 per claim for applicants with minimum annual revenue of $150,000

Higher deductible options are available for qualified clients upon request and pending underwriter's approval. 


Policy Type:

  • Claims Made

Policy Coverage:

  • Professional Liability

HIPAA/HITECH Fines and Penalties Coverage Sub-Limit:

  •  $10,000 standard to all policies. Options of $25,000 and $50,000 available upon request.

Other Policy Benefits:

  • Broad definition of professional services
  • Worldwide coverage (subject to policy terms and conditions)

PLEASE NOTE:

This is only a partial, general description of the policy benefits and does not constitute a contract. Policy coverage and benefits are subject to the terms, conditions, and exclusions contained in the policy. The policy will govern if any conflict exists between these highlights and the policy. For complete provisions and exclusions, please refer to the policy itself.