Web Content Viewer (JSR 286)

Actions
Loading...

Lawyers Professional Liability

Your professional practice could be faced with the threat of a lawsuit, therefore jeopardizing your goods and properties because of an unsatisfied client making a judicial claim.  You could be sued without a valid reason and a justified or meritless defense process requires a lot of time and money.

Our policy provides protection for negligent acts, mistakes or omissions in your professional services performance and is an excellent defense alternative against a malicious lawsuit that could threaten your future and that of your family.

 

The coverage includes:

• Attorney and defense fees

• Indemnity payment within policy limits

• Reimbursement from $500 up to a $5,000 maximum for court assistance at the request of the company

• Extended claim reporting coverage period option

• Applies to any incident occurred in any part of the world, if the lawsuit is filed in US territory

• Provides defense against claims alleging personal slander (libel, false accusation, physical damages, bodily injury, defamation, false arrest, detention, wrongful eviction, etc.) against the insured even if those are false and fraudulent.

• Disciplinary action cost reimbursement up to $7,500 without applying a deductible.

 

Basic limit*

• $100,000 minimum limit with a $300,000 annual aggregate up to the $2 million maximum yearly limit per claim/aggregate

• $1,000 minimum deductible up to $25,000 maximum deductible per claim

 

The limits may be extended. Please let us know if you are interested when turning in your application.

 

What distinguishes our policy?

• Competitive premium

• Our rates take into consideration your specialty and experience

• Coverage provided by a purely local (Puerto Rican) company

• Reinsurers with 30 years of experience with this coverage and A++ “Best rating”

• Incidental consulting coverage

• Consent from the insured before reaching an agreement.

• Retroactive coverage available

• Coverage for former and current employees

• Premium financing available

 

 

 

 

Important Notice

This information represents a summary of the policy’s most important characteristics. For more information please refer to the policy or contact your authorized representative or producer.

 





Complementary Content