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Policy Highlights
Contact:
Kathy Curry (301) 951-6927
Kathleen.W.Curry@schinnerer.com
Target Risks: All environmentally-related consultants and engineers not performing Phase III work (remediation and abatement)
Availability: In all states and the District of Columbia, except LA and WY
Program Features
- Available as part of our E-Pack or E-Pack EZ programs
- Coverage includes the firm, the benefit plans, and the directors, officers, trustees, and employees who administer the plans
- Benefit plans do not need to be scheduled to be covered
- Broad definition of claim includes: formal investigations; written demands for monetary damages and non-monetary relief; civil, criminal, administrative and regulatory proceedings and arbitration
- Broad definition of loss includes: damages, settlements, judgments, defense costs and pre and post judgment interest; punitive and exemplary or multiple damages-if allowable by law.
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 fiduciary coverage is offered as part of our E-Pack or E-Pack EZ programa. 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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