Overview

Covers liability and defense of claims made against the insured during the policy period alleging damages arising from actual or alleged negligent acts, errors or omissions committed during the policy period in the rendering of Professional Services by the insured or by any person or organization for whose conduct the insured is legally liable.

Coverage Highlights

• Broad definition of ‘insured’, including the firm and its officers, directors, employees, partners, and shareholders
• Covers the insured for claims arising from negligent acts, such as misstatements or negligent failure to render professional services as promised or agreed
• Covers the insured for claims alleging damages for loss of use of property, loss of rent or loss of value of property
• Insurer has duty to defend the insured; defense expenses are included in the limit of liability and the deductible
• Coverage for unknown prior negligent acts may be available
• Coverage available with respect to properties in which the insured has partial or total ownership interest