Answer 1: When switching employment or carriers, cancel your policy and consider purchasing an ERP (tail coverage) if the new carrier does not pick up prior acts coverage. Answer 2: If you change employers, the policy will need to be canceled. We offer an extended reporting period (ERP) or “tail coverage” for a premium. This provides coverage for claims that result from services provided while the policy was in force but have not yet been reported. It is generally recommended to purchase an ERP when changing employers. However, if a new carrier will be picking up prior acts coverage, an ERP is not necessary. Note that the retroactive or prior acts date is the earliest date incidents would be covered under the policy, and any incidents prior to this date would not be covered.