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Philadelphia Insurance Companies
Private Company Protection Plus

This policy is a comprehensive liability solution for privately held corporations. It provides Directors & Officers Liability, Employment Practices Liability and Fiduciary Liability. These coverages can also be provided on a mono-line basis.


Benefits of the Program

  • Most favorable venue wording for punitive, multiple or exemplary damages
  • Defense costs in addition to limit of liability for eligible insureds
  • Third Party EPLI coverage built into form
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Applications

Please select state specific forms when applicable.

Supplemental Applications

Policy Forms

Documents Required for Proposal

  • Completed and signed application
  • Latest financial statement if D&O Coverage sought or EPLI monoline with more than 250 employees
  • Complete loss history for the past five years
  • Employee handbook, if applicable
  • Form 5500 and plan financial statements, if applicable


All of our Product Forms and Documents are available in PDF version only. Version 7 or higher of Adobe is needed to fill out the PDF Forms.

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10 Reasons Why
 
  1. Broad definition of Employment Practice Wrongful Act, including Third Party liability coverage
  2. Optional "duty to defend" – Insured can choose defense counsel or tender the defense of a claim to the Underwriter
  3. Defense costs coverage for claims seeking non-monetary relief
  4. Many Insured vs. Insured carve-backs
  5. 25% retention reduction if the Insured agrees to the first settlement reached between the Claimant and Underwriter
  6. Defense Costs in addition to the Limit of Liability
  7. Most favorable venue wording for punitive, multiple or exemplary damages
  8. Final adjudication wording applies to fraud and personal profit exclusions
  9. Bilateral tail for 1, 2 and 3 year terms
  10. Enhanced fiduciary liability coverage including HIPAA and IRS cap penalties coverages

 

Download these Private Company Protection Plus-Business Pro Pak Endorsement 10 Reasons Why

Have you thought about

Private Company Protection Plus

This policy is a comprehensive liability solution for small to mid-sized privately held corporations. It provides Directors & officers Liability (lead coverage), Employment Practices Liability and Fiduciary Liability. More

Loss Control

Keep costs down by choosing industry specific Safety Programs. We'll show you how to implement Client Training Services and Risk Management Reporting that get results. More

Philadelphia Insurance Companies has partnered with a nationally recognized law firm Wilson, Elser, Moskowitz, Edelman & Dicker LLP (WEMED) to offer a Loss Assistance Hotline . The Loss Assistance Hotline is currently available to all PHLY Specialty Lines Division insureds. More

Click to see our 10 Reasons Why