Premier Plan for midsize firms. Coverage includes innocent insureds, prior acts coverage and extended reporting periods are available. Claims which are first made and reported in writing during the policy period arising from acts or omissions in rendering professional services. Several optional upgrades and special features offered Negligent acts, errors or omissions first made and reported during the policy period. Each firm is underwritten individually based upon its own unique merits and no automatic or predetermined premiums credits are awarded.
Examples are for New York.
Credits Offered Strong internal controls, use of engagement letters, unqualified peer review, favorable claims history, areas of practice, client relationships and acceptance process, size of firm and other risk management factors. Also available are prior acts coverage and extended reporting period coverage Accounting services. Extended reporting endorsement available Claims made and reported. Interest free payment option available. Additional credits vary state to state.