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How to Switch Your Professional Liability Insurance Without Losing Coverage
How to Switch Your Professional Liability Insurance Without Losing Coverage
Be careful when switching your professional liability insurance policy. There can be dangers if you don’t know what to watch out for. It is important to identify changes in your coverage that could limit your protection.
In this episode, we are going to discuss some key things to understand and look for when considering switching your professional liability insurance to help you avoid any loss in coverage.
- Ensure your firm retroactive date matches [exactly]
- Review the endorsements to be attached to your policy
- Read the exclusions in the policy form
- Extended Reporting Period Options (AKA ‘Tail’ Coverage)
#themoreyouknow
Understanding professional liability insurance helps you navigate your purchase and renewals with confidence. It also helps you ask the right questions.
Partner up with a knowledgeable agent who is well-versed in professional liability insurance so you can thoroughly discuss and weigh all the options available to you.
Download your Professional Liability Insurance Checklist
════════════════════
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 InsuranceHow to Switch Your Professional Liability Insurance Without Losing Coverage
Be careful when switching your professional liability insurance policy. There can be dangers if you don’t know what to watch out for. It is important to identify changes in your coverage that could limit your protection.
In this episode, we are going to discuss some key things to understand and look for when considering switching your professional liability insurance to help you avoid any loss in coverage.
- Ensure your firm retroactive date matches [exactly]
- Review the endorsements to be attached to your policy
- Read the exclusions in the policy form
- Extended Reporting Period Options (AKA ‘Tail’ Coverage)
#themoreyouknow
Understanding professional liability insurance helps you navigate your purchase and renewals with confidence. It also helps you ask the right questions.
Partner up with a knowledgeable agent who is well-versed in professional liability insurance so you can thoroughly discuss and weigh all the options available to you.
Download your Professional Liability Insurance Checklist
════════════════════
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