Legal professionals face greater exposure to potential risks and liabilities than ever before. In rendering legal services, they can be held legally responsible for negligent acts, failure to perform work promised in a contract or inability to meet client expectations. With a lawyers professional liability insurance policy, this risk can be avoided, keeping your budget and your reputation intact.
Summary of Coverage
Tokio Marine HCC's lawyers professional liability policy is designed to provide comprehensive coverage to lawyers. Professional liability insurance can mitigate the risk of high-liability and high-visibility lawsuits, helping to keep your budget and your reputation intact.
With a broad definition of legal services, our product is designed to protect law firms and their teams against damages and malpractice claims made by clients.
Our program, which is written on an admitted basis, is currently available for risks domiciled in California and New Jersey on a limited distribution basis, with additional states to be added. Limit of liability up to $5 million / $5 million is available for qualified risks, with minimum deductibles of $2,500.