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| Overview |
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Jamison is the Program Administrator. This Program offers broad claims-made accountants professional liability protection at competitive pricing. |
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| Coverage |
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Accountants Professional Liability underwritten by National Casualty Company/Scottsdale Insurance Company, A+, XV by A.M. Best. |
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| Eligibility |
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Focus is firms with up to 10 CPA's. Larger firms will be considered. |
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| Features |
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- 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 |
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- 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.
- A 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 |
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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 |
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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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