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| Program
Overview |
Jamison is the Program Administrator. This Program offers
broad claims-made accountants professional liability protection at
competitive pricing. |
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Coverage |
Accountants Professional Liability underwritten by National Casualty
Company/Scottsdale Insurance Company, A+, XV by A.M. Best. |
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Eligibility |
Focus is firms with up to 10 CPA's. Larger firms will be
considered. |
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Coverage Features |
- Policy is a "claims made
and reported" form, including prior acts for Qualified Firms.
- Coverage Applies to Claims arising out of any Wrongful Act committed
while performing Professional Services on behalf of the Named
Insured or a Predecessor Firm.
- A Supplemental Payment of up to $10,000 is provided for the
investigation and defense of Disciplinary Proceedings brought
against You and arising out of a Wrongful Act that is otherwise
covered by the policy.
- Standard Annual Aggregate Deductibles ranging from $500 to $50,000 each Claim,
including Damages and Claim Expense, are available to qualified
applicants. "Loss Only" Deductibles are also available for an
additional charge.
- An automatic 60-day Extended Reporting Period provided at no charge,
in the event of cancellation or non-renewal by either You or
National Casualty / Scottsdale. Optional 12-, 24- and 36-Month, and
Unlimited Extended Reporting Periods are also available at specified
cost-factor.
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Limits |
- Limits of Liability of up
to $5,000,000 each Claim / $5,000,000 annual aggregate available to
qualified applicants.
- Limits include Damages and Claim Expense in all states except New
York.
Claim Expense paid in addition to Limits of Liability in New York.
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separate "Claim Expense" Limit of Liability of up to $1,000,000
annual aggregate is available to qualified applicants in states
other than New York.
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Availability |
New Jersey, New York,
Connecticut, Pennsylvania, Alabama, Arizona, Colorado, Illinois, Indiana, Iowa, Michigan, Oklahoma, Ohio, D.C., Rhode
Island, Florida, Georgia, Tennessee, Texas, Wisconsin, Maryland, Missouri, Utah,
Delaware, Massachusetts, Virginia, Kentucky & Washington
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Requirements |
Jamison will provide a
non-binding premium indication from any carrier's application.
National Casualty Company application is required to bind coverage. |
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