- Defense costs in addition to the limits of liability
- First Dollar Defense (Loss-only deductible)
- Aggregate deductible
- Coverage for unintentional breach of underwriting authorities
- No insolvency exclusion
- Broad definition of “Professional Services” to include Lloyd’s Coverholder activities, notary services, premium financing and loss control activities.
- Hotline staffed by legal professionals to assist insureds in addressing issues before they become claims
- Automatic coverage for Independent Contractors
- Punitive damages (where applicable by law)
- 50% reduction of deductible if claim resolved through mediation
- Additional coverages included outside the policy limit (separate sub-limits apply): defense costs for regulatory proceedings, litigation expense reimbursement and subpoena expense reimbursement.
Submission Requirements Include
- Application must be complete in full, including all required attachments