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Employed Lawyers Protection Plus

10 Reasons Why™

  1. Available for privately held, non-profit, and publicly traded companies - separate forms utilized to reflect the unique nature of these accounts
  2. Admitted policy form in most states
  3. Optional selection of counsel - Insured may choose defense counsel or tender the defense to the Underwriter
  4. Moonlighting and pro bono services covered without requiring prior company approval (for full time counsel)
  5. Coverage provided for part-time and contracted counsel, and coverage extends to counsel's entire support staff, including paralegals, secretaries, legal assistants, and notaries
  6. Full Limit of Liability available for defense even when the Insured's organization or the shareholders sue the attorney
  7. Choice of counsel - Insured may choose counsel subject to company approval
  8. Full severability of the conduct exclusions
  9. Full Defense coverage for Sarbanes-Oxley section 307 actions (for publicly traded companies)
  10. Policy non-cancelable except for non-payment of premium

Employed Lawyers Protection Plus 10 Reasons Why

Benefits of the Program

Employed Lawyers Protection Plus is designed to protect all attorneys working as In-House Counsel, their support staff and independent contractors from claims arising from their legal professional services. The coverage provides protection for In-House Counsel in the event that their employer's Directors & Officers Liability policy will not or cannot protect them for liability resulting from professional services.

  • Broad definition of claim
  • Optional duty to defend with choice of counsel
  • Moonlighting and pro bono services covered in the form without requiring prior company approval (for full time counsel)
  • Full defense coverage for Sarbanes-Oxley 307 actions (for publicly held companies)
  • Coverage provided for part time and contracted attorneys
  • Coverage provided to the entire support staff
  • Full limit of liability available for defense even when the company or the shareholders sue the attorney

Applications

Please select state specific forms when applicable.

Supplemental Applications

Please select state specific forms when applicable.

Documents Required for Proposal

  • Completed application
  • 3 years of loss history
  • Financials (audited for limits over $1 Million)

Policy Forms


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