If not, then obviously you must make sure that you have proper protection, either by an add-on or other endorsement to the existing policy. Of course, if your current insurance company does not provide such coverage, then it is usually wise to check with another carrier. Although many carriers provide the same or similar coverage, this is not always the case, especially in new practice areas. Certainly, approximately two months prior to any renewal of your present policy, you should look at what options are available to you before you renew. CPA Mutual will send the policyholder, upon request, a specimen policy prior to renewal.
Some companies now offer an automatic renewal policy.
For example, Professional Indemnity Management has an option that will automatically renew the policy at the same premium without a renewal application. Two automatic renewals are offered, which results in three years of coverage at the same premium from one application. He said that insurers have responded well. In fact, practically all policies I see now include coverage for specific investment advice. Now practitioners can recommend specific investments.