Post Roundup: Understanding Your Errors & Omissions Coverage
In case you missed it, here is a collection of posts to help you get a better understanding your mandatory errors and omissions coverage:
One of the most commonly asked questions from our insureds. Learn more about the difference between a claims made and occurrence based policy.
Lawyers in CLIA jurisdictions are required to report a claim as soon as practicable after learning of a claim or becoming aware of circumstances which might give rise to a claim, however unmeritorious. Learn more about what to report, when to report and the process depending on your jurisdiction.
As a retiree, you remain responsible for work performed prior to retirement. Although mandatory insurance coverage applies as long as the occurrence took place during the period in which the member was insured, excess coverage does not apply. Learn more about the factors to consider when determining whether you need excess coverage after retirement and the CLIA Voluntary Excess Program.
As a solo practitioner or small firm, you may not think you need higher insurance limits because of your size. However, the amount of coverage you need is dependent on many factors, not just the size of your practice. This post help you understand your mandatory coverage through your law society and the additional excess coverage that is available to you.