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The Chubb Advantage® Miscellaneous Professional Liability policy is designed to provide complete coverage for a wide variety of professional service industries.

Coverage Highlights


    Automatic 60 day extended reporting provision

Optional extended reporting provision available for up to three years

Optional coverage available for:

  • Privacy liability arising out of lost computer equipment, network security breaches, and identity theft
  • Employed lawyers/in-house council

Vast definition of Wrongful Act, with the ability to manuscript the definition of Professional Services

Vast definition of Damages, including:

  • Prejudgment and post-judgment interest on that part of any judgment paid
  • Punitive and exemplary damages and the multiplied portion of any multiple damage award, where allowed

Vast definition of Insured, including:

  • The entity and its subsidiaries
  • Any past or present principal, partner, officer, director, trustee, employee, or general or managing partner or principal (if the entity is a partnership)
  • Independent contractors who are natural persons when performing professional services on behalf of the entity and its subsidiaries

$5,000 sublimit for reimbursing Insured for attendance at hearings, depositions, etc. ($250 per day maximum)

Duty to defend covered claims, not just "suits"

  • Maximum capacity is $20 million
Target Clients

Most professional service providers offering services to a third party; targeted classes include:

  • Consultants
  • Staffing/Employment
  • Trustees
  • Business Process Outsourcing
  • Billing Services
  • Travel Services
  • Advertising/Marketing/Public Relations
  • Property Managers
  • Real Estate Adjusters/Representatives
Restricted Classes
  • Actuaries
  • Accountants
  • Business Representatives
  • Collection Adjusters/Credit Bureaus
  • Certain Financial Risks (Banks, Lending Exposures, Investment Management, Insurance Company Operations)
  • Freight Forwarders