The Excess Professional Liability product is designed for risks that need to build higher limits that follow the same extent of coverage provided by their primary insurance coverage. This versatile product can provide excess "follow-form" coverage over different types of primary claims-made professional liability policies.
Eligible Underlying Coverage
- Allied Health Professional Liability
- Miscellaneous Professional Liability
- Technology Professional Liability
- Media Professional Liability
- Architects & Engineers Professional Liability
- Independent Property and Casualty Insurance Agents Professional Liability
- Independent Life Insurance Agents Professional Liability
Coverage Highlights
- "Follow-Form" of underlying policy
- Can provide coverage over a single eligible underlying coverage or multiple eligible underlying coverages
- Limits can be modified to attach over sub-limits
- Policy recognizes reduction or exhaustion of underlying insurance
Limits, Retentions and Premiums Limits up to: $5,000,000 each claim/$5,000,000 aggregate
Minimum Attachment: $1,000,000
Geographic Coverage- Surplus lines coverage available in all states
- Admitted coverage available in a number of states.
- Coverage not available in New Hampshire
Distribution
U.S. based wholesale and retail insurance brokers
Submission Requirements
- Application and any applicable supplemental application submitted to the primary insurance company
- Most recent annual report and quarterly financial statements
- Copy of standard contract and engagement/proposal letter used with clients
- Brochure, advertisements or other descriptive literature about the applicant firm, its operations and services
- Terms, conditions and pricing of all underlying layers of insurance
- Specimen copies of all underlying insurance policies and endorsements
Please send all submissions to: submission@protectivespecialty.com
Forms
Declarations Page
Policy
Contact
Nathaniel Aiken
P (317) 429-2646
naiken@protectivespecialty.com
Additional Contacts