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Extended Reporting Period Options Explained: How it Works and When You Need One
As your law practice or legal career evolves, your Professional Liability Policy should also adapt. Understanding how an Extending Reporting Period (ERP) option can extend your coverage is key.
Whether you're years away from retirement, considering a merger, or planning for a practice change tomorrow, understanding how ERP endorsements function, the available options, and when you need one could be the difference between sleeping peacefully and facing financial disaster.
In this episode, we cut through the confusion and explain what you need to know about safeguarding your past work after your policy ends or your practice undergoes a major change.
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More Resources:
Key Questions to Ask When Shopping for Professional Liability Insurance
Calculating Adequate Coverage When It Comes to Limits of Liability
eBooks: Professional Liability 101 & An Overview of Legal Malpractice
Claims-Made Vs. Occurrence Insurance Policies Explained
Navigating Your Professional Liability Policy & Reporting Claims
Leading Reasons Attorneys Get Sued
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Sign up for email reminders so you catch every episode.
Stay connected with DHIA for updates on webinars, tools, and resources! https://linktr.ee/danielshead
View all episodes
By Daniels-Head InsuranceAs your law practice or legal career evolves, your Professional Liability Policy should also adapt. Understanding how an Extending Reporting Period (ERP) option can extend your coverage is key.
Whether you're years away from retirement, considering a merger, or planning for a practice change tomorrow, understanding how ERP endorsements function, the available options, and when you need one could be the difference between sleeping peacefully and facing financial disaster.
In this episode, we cut through the confusion and explain what you need to know about safeguarding your past work after your policy ends or your practice undergoes a major change.
════════════════════
More Resources:
Key Questions to Ask When Shopping for Professional Liability Insurance
Calculating Adequate Coverage When It Comes to Limits of Liability
eBooks: Professional Liability 101 & An Overview of Legal Malpractice
Claims-Made Vs. Occurrence Insurance Policies Explained
Navigating Your Professional Liability Policy & Reporting Claims
Leading Reasons Attorneys Get Sued
════════════════════
Sign up for email reminders so you catch every episode.
Stay connected with DHIA for updates on webinars, tools, and resources! https://linktr.ee/danielshead