Topics covered:

Introduction

Insuring Agreement

Definitions

Exclusions

Conditions

Introduction

The Chubb Corporation is offering a professional liability policy through Executive Risk Indemnity entitled “Employed Lawyers Professional Liability Policy”. This is a claims-made policy, a reported policy, and it has defense expenses included in the limit of liability. Some additional features of the policy include the following: a discovery period; coverage for pro bono legal services rendered for indigent clients or non-profit interest groups; worldwide coverage; and a retention amount borne by the insured.

The following is the contact information for this policy: Executive Risk Indemnity, Inc., 82 Hopmeadow Street, Simsbury, CT 06070 -7683; Phone: 860-408-2000; Fax: 860-408-2002 E-mail: [email protected].

Coverage under this policy is for in-house attorneys and for independent contractor attorneys while performing legal services for the insured company. The policy is available is all states.