Accountants
Professional Liability
Underwriter:
Carolina Casualty Insurance Company
CAMICO Mutual Insurance Company
General Star Insurance Company
Philadelphia Insurance Company
Eligibility:
Accounting firms with at least one licensed CPA on staff and
qualifying non-CPA firms are eligible to apply.
Highlights of Program:
• Expert Defense Counsel
• Worldwide Coverage
• Coverage for Trustee Services
• Optional Extended Reporting Period Coverage
• More than 20 years of experience specializing in Accountants' Professional
Liability
• Coverage for computer hardware and softwareFeatures of Program:• Claims
- Made policy
• Choice of policy limits from $100,000 to $20,000,000
• Deductibles from $500 to $100,000
• Full Prior Acts for qualified firms
• National network of legal defense firms
• Toll-free "Hotline" for risk management & risk reduction
• "First Dollar Defense" option
• 1,2, or 3 year Extended Reporting Period ("tail" coverage)
option
• Unlimited ERP option for sole practitioner
• Liberalization clause
• Defendant's Reimbursement
• Disciplinary Hearing Expense Reimbursement
• Coverage for activities as a trustee, executor or receiver
• Easy to complete application
• Easy renewal
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