USI Affinity is proud to offer the Attorneys’ Preferred Insurance Program, which focuses on addressing the most commonly overlooked gaps in coverage to mitigate claims before they arise.
Plan Details
Featuring several enhanced coverages, including some never seen before in the LPL marketplace – the policy features of the Attorneys’ Preferred Insurance program focus on protecting your reputation, your income and your network:
- Fee Suit Avoidance - In the event that an outstanding fee remains unpaid by a client, instead of suing for fees, which may result in a counter suit for malpractice, the Attorneys’ Preferred policy will allow for one fee, up to $10,000, to be reimbursed from the carrier. With the average US LPL claim at about $75,000, this could potentially protect the firm’s reputation from the negative impact of a counter claim for malpractice.
- Settlement Control - The carrier will never settle a claim on your behalf, without your consent. USI Affinity understands that your reputation is a valuable asset and we want to help you to protect it. Should you choose to fight a claim that you believe has no merit, you will not be responsible to cover the difference between the proposed settlement amount and actual, should the claim be settled against you.
- Loss of Earnings - In the event that you have to make court appearance to fight a claim, you are entitled to recoup those billable hours lost. USI Affinity negotiated with the carrier for reimbursement of $500 per day, up to $25,000 per claim, regardless of the number of insureds or days in attendance, or the number of trials. $50,000 Aggregate. Reimbursement not subject to deductible.
- Subpoena Assistance - Responding properly, adequately and timely to a subpoena is critical – but not always easy to do. USI Affinity has negotiated with the carrier to provide Professional Subpoena Assistance and reimbursement up to the policy limit for all reasonable attorneys fees and other costs, expenses and fees related to subpoena response. Reimbursement not subject to deductible.
- License Protection - You worked hard to earn your license to practice law – what would you do without it? Should a disciplinary proceeding be brought against you, USI Affinity negotiated to have the carrier cover up to $50,000 per disciplinary proceeding and $100,000 in aggregate, per policy period. Reimbursement not subject to deductible.
- Reputation Coverage - In today’s digital world, news spreads fast - especially bad news. Should your firms be negatively impacted due to false accusations made publicly, USI Affinity has negotiated up to $25,000 reimbursement of reasonable fees, costs and expenses for consulting services provided by a public relations firms for each crisis event, up to $50,000 for all crisis events in a policy period. Payments made are not subject to a deductible.
- Breach Event Expenses and Cyber Investigation Expenses - Coverage for breach event expenses directly resulting from a privacy or security breach. As well as coverage for cyber investigation expenses directly resulting from a regulatory investigation regarding a Privacy Breach or Security Breach.
Start the Conversation
Want to talk with someone today? Call the Lawyers Professional Liability specialists at USI Affinity at 1.855.USI.0100 or email LPLCoverage@usi.com