Professional Coverage Managers, has been appointed to represent General Star National Insurance Company (A.M. Best A++ XV) in Maryland for its Lawyers’ Professional Liability Program. General Star offers admitted Lawyers' Professional Liability coverage on a primary basis, for firms with 1 to 50 attorneys. Limits available from $100,000 to $5,000,000 (higher limits are available) with deductibles from $1,000 to $100,000 depending upon the size of the firm.
Coverage Advantages of the General Star program:
- Aggregate deductible is standard.
- Broad definition of “Professional Services”.
- ERP-Several options including “unlimited” are available.
- Notary Public, Arbitration, Mediation Services are covered.*
- Predecessor/ Successor in Business is covered.
- "Of Counsel" attorneys are covered.*
- Temporary Hires/ Independent Contractors are covered.*
- Non-Lawyer employees are covered.*
- Equity Interest is covered up to 10%.*
- Defense of Disciplinary Complaints.
- Supplementary payment for loss of personal earnings reimbursement.
- Supplementary payment for awards against an Insured under FRCP Rule 11 are covered up to $5,000.
- S.E.C Coverage is not automatically excluded.
- No Charge for extended reporting endorsement in the event of death or permanent disability.
- No Charge for New Hires added during the policy period.
- Optional unlimited tail for retirees (must qualify).
- Options available for claim expenses outside the limit.
- Innocent Insured coverage.*
- Lateral Hire coverage available.*
- Privacy and Information Security.
- Employee Dishonesty.
- Disabled Partner Replacement.
- Production of Documents.
*Coverage subject to the policy’s terms & conditions
|
