Additional Defense Expenses
(Supplemental Claim Benefit)
Claims can sometimes exceed the full limit of liability listed on a firm’s policy. We have added an additional 100K in defense costs to cover expenses that arise after the current limit of liability is exhausted.
Fee Suit Avoidance
In the event that an outstanding fee remains unpaid by a client, instead of suing for fees, which may result in a counter suit for malpractice, the Attorneys’ Preferred policy will allow for one fee, up to $10,000, to be reimbursed from the carrier. With the average US LPL claim at about $75,000, this could potentially protect the firm’s reputation from the negative impact of a counter claim for malpractice.
The carrier will never settle a claim on your behalf, without your consent. USI Affinity understands that your reputation is a valuable asset and we want to help you to protect it. Should you choose to fight a claim that you believe has no merit, you will not be responsible to cover the difference between the proposed settlement amount and actual, should the claim be settled against you.
In the event that a claim is brought against you and you agree to use mediation, and the claim is resolved via mediation within a set timeframe, your deductible can be reduced by 50%, up to $12,500.
Loss of Earnings
In the event that you have to make court appearance to fight a claim, you are entitled to recoup those billable hours lost. USI Affinity negotiated with the carrier for reimbursement of $1000 per day, up to $25,000 per insured, regardless of the number of insureds or days in attendance, or the number of trials. $100,000 Aggregate. Reimbursement not subject to deductible.
Deductible Reduction Opportunities:
Responding properly, adequately, and timely to a subpoena is critical – but not always easy to do. USI Affinity has negotiated with the carrier to provide Professional Subpoena Assistance and reimbursement up to the policy limit for all reasonable attorney’s fees and other costs, expenses and fees related to subpoena response.
You worked hard to earn your license to practice law – what would you do without it? Should a disciplinary proceeding be brought against you, USI Affinity negotiated to have the carrier cover up to $50,000 per disciplinary proceeding and $100,000 in aggregate, per policy period. Reimbursement not subject to deductible.
In today’s digital world, news spreads fast - especially bad news. Should your firms be negatively impacted due to false accusations made publicly, USI Affinity has negotiated 50% reimbursement of reasonable fees, costs and expenses for consulting services provided by a public relations firms for each crisis event, up to $25,000 per event, up to $50,000 in the aggregate for all crisis events in a policy period. Payments made are not subject to a deductible.
Breach Event Expenses and
Cyber Investigation Expenses
Coverage for breach event expenses directly resulting from a privacy or security breach. As well as coverage for cyber investigation expenses directly resulting from a regulatory investigation regarding a Privacy Breach or Security Breach. Coverage up to $50,000 per Privacy Breach, Security Breach or Regulatory Investigation. $50,000 in aggregate