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Policy Highlights
Contact:
Kathy Curry (301) 951-6927
Kathleen.W.Curry@schinnerer.com
Target Risks: Design professionals including architects, engineers, land surveyors, landscape architects and other specialty consultants. Also included: project delivery methods such as design-build, joint venture, construction management services, and traditional design-bid-build
Availability: In all states and the District of Columbia, except PR and WY
Program Features
- Available as part of our E-Pack or E-Pack EZ programs
- Defendant's reimbursement coverage of $300 per day up to a maximum $7,500 per claim
- Circumstances reporting coverage
- Mediation credit of up to 50% of the deductible, subject to a $10,000 maximum, if the mediation is successful
- Your written consent is required in order to settle any claims
- Full prior acts coverage
- Punitive damages coverage where permitted by law
- Optional coverage for claims made against the Named Company or any subsidiary
E-Pack now offers a two-year policy to design professional clients that provides the same comprehensive coverage options for employment practices, directors & officers, and fiduciary liability. Eligibility guidelines for the two-year policy include:
- At least 2 years in operation
- Company assets under $50MM
- No "going concern" opinion or stated weakness in internal controls by outside auditors in the last 24 months
- No D&O or Fiduciary claims, charges or proceedings in the past 3 years. No more than one employment related claim, charge or proceeding with total loss/expense payout less than $25,000 in the past three years.
- Policy limits should not exceed $2MM
- No M&A activity
Apply now: E-Pack application for all approved states.
To apply for full coverage, please print the appropriate E-Pack applications, fill them out and send it
to your broker. If you do not have a broker, select a broker in your state, or give us a call at (301) 961-9800 for the name of a broker near you.
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Our D&O coverage is offered as part of our E-Pack or E-Pack EZ programs. Through these innovative programs, you can choose either one or more of the following coverages:
Related Documents
This information is for illustrative purposes only and is not a contract. It is intended to provide a general overview of the plan described. Please remember only the insurance policy can give actual terms, coverage, amounts, conditions and exclusions. Program availability and coverage are subject to state regulatory approval.
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