Navigating Your Professional Liability Policy: Reporting a Claim & Your Rights Under the Policy
Manage episode 422275494 series 3458078
If you think not reporting a potential claim is helpful or wise, this episode can help you avoid this common mistake!
Attorneys purchase a Lawyers Professional Liability Insurance policy for various reasons. No matter your reason, understanding the rights you have under your policy and how not exercising your rights can be detrimental to your insurability is crucial. You are purchasing the right to report a claim or potential claim and expect your carrier's claims team and defense counsel to step up and defend the allegations against you.
More Resources:
Professional Liability Insurance Checklist
Claim Preparedness Response Plan [Checklist]
Lawyers Professional Liability eBooks
Tailored Business Insurance Portfolio
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