Ironshore Indemnity Company
- Limits of liability up to $5 Million
- Several deductible options available, including zero dollar and aggregate deductibles
- Claims expense outside the limits available for most areas of practice
- Claims made & reported, pay on behalf & duty to defend policy form
- Prior acts coverage available
- Coverage provided for independent contractors and "of counsel"
- Broad definition of professional legal services includes notary public, title insurance agent, publication or presentation of research papers or similar materials
- Coverage extension for lawful spouse, domestic partner, estate and legal representative
- Predecessor firm coverage included
- Innocent insured coverage
- Worldwide coverage
- Automatic 60 day extended reporting period from termination policy
- Optional extended reporting (tail coverage) for 1 year, 2 years, 3 years, 5 years and unlimited
- Free extended reporting related to death, total & permanent disability in addition to retiring attorneys if insured continuously for 3 years with carrier
- Liberal equity interest exclusion
- Loss of earnings $500 a day max of $50,000
- Disciplinary proceedings $25,000 each insured, max of $75,000
- 50% deductible for settlement of mediated claims
- Ability to quote from competitors application
- Eligibility for firms ranging from 1-25 attorneys
Disclaimer:
The information provided on this website page is an example of the coverages that may be available from this insurer to a qualified law firm. Please refer to the actual policy for exact coverage descriptions and limits; exclusions and deductibles that may apply. Coverages are subject to policy terms and conditions.