Errors & Omissions/Professional Liability

Lawyers Professional Liability

  • Claims made policy, not claims made and reported
  • Expanded definition of professional services includes escrow adjusters, arbitrator or mediator, government affairs advisor or lobbyist, and title adjuster
  • Right to select own council in the event of a claim

Each law firm’s culture is unique and your insurance should be too. With Chubb, you get the benefits of flexible, tailored coverage and quality service.

Coverage Highlights

Benefits

  • Designed to help protect law firms of 10 or more lawyers
  • Programs acclimated to meet particular needs of each firm
  • Ongoing loss control services and unparalleled claims service by our legal-claims specialists
  • Customizable with additional enhancements to suit the individual needs of insured firms

Coverage

  • Claims made policy, not claims made and reported
  • Definition of professional services expanded to include escrow adjuster, arbitrator or mediator, government affairs advisor or lobbyist, and title adjuster
  • Expanded definition of Claim
  • Broad definition of Wrongful Act
  • Advancement of defence costs
  • Right to select own council in the event of a claim
  • Worldwide coverage
  • Innocent partner protection
  • Bilateral (two-way) extended reporting period option
  • Non-cancelable once the premium is paid