Professional Liability (E&O) for AIHA Members


Professional Liability Overview

Available Policy Limits:

  • $250,000 per claim / $250,000 annual aggregate
  • $1,000,000 per claim / $1,000,000 annual aggregate
  • $1,000,000 per claim / $2,000,000 annual aggregate 

*Higher limits can be offered via excess liability. Subject to underwriter review and an additional premium

 

Deductible:

  • $2,500 per claim, with multiple deductible options available

 

Policy Type:

  • Claims Made

 

Policy Coverage:

  • Professional Liability (E&O)
  • Coverage for Contingent Bodily Injury and Property damages resulting from your professional services

 

 Other Policy Benefits:

  • Mold Coverage with limits $1,000,000 per claim / $1,000,000 annual aggregate
  • Pollution Coverage
  • Dedicated Claims Attorney: Wilson, Elser, Moskowitz, Edelman & Dicker LLP
  • Minimum premium start at $1,500
  • Broad definition of professional services including the ability to expand the definition per your specific services that are offered
  • Worldwide coverage (subject to policy terms and conditions) - claims made anywhere in the world for a Wrongful Act committed or allegedly committed anywhere in the world

 * current clients will receive coverage added automatically at renewal 


Part-time Coverage Options Available

If you provide independent consulting services on a part-time basis, you may qualify for the part-time coverage option.

  • Minimum premium starts at $1,100 (annual)
  • $1,000,000 Limit
  • $2,500 Deductible

Other Coverage

Health Insurance plans available for evaluation via private exchange.

AHIX Market Place


About the Insurance Carrier

Lloyd’s of London

 Lloyd’s of London has a history dating back more than 300 years, and has grown to be the world’s leader for specialty insurance.

“A” (Strong) rated by Standard & Poor's

“A-” (Excellent) rated by A.M. Best Rating


 

PLEASE NOTE:

This is only a partial, general description of the policy benefits and does not constitute a contract. Policy coverage and benefits are subject to the terms, conditions, and exclusions contained in the policy. The policy will govern if any conflict exists between these highlights and the policy. For complete provisions and exclusions, please refer to the policy itself