Parsons & Associates. Inc. -- Insurance & Risk Management
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Parsons & Associates. Inc. -- Insurance & Risk Management
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The New CNA Lawyers Professional Liability Program

Policy Highlights

Optional Lateral Hire/Prior Acts Where no other insurance exists, the LPL can provide coverage for claims both first made and reported during the policy period regardless of whether the act or omission was performed for the named insured.

Deductible on an aggregate basis is provided, with optional per claim deductible available.

Supplementary Payments to offset loss of earnings to Insureds for attendance at trials, hearings, etc., and to offset Insured's expenses in defending disciplinary matters. (Per day/suit limit(s) apply)

Title Agent Services are covered at no additional cost for attorneys who perform title agents services for their clients.

Mediators/Arbitrators services are covered at no additional cost.

Notary Public Services are covered at no additional cost.

Coverage of Non-Attorneys is provided for services performed in the course and scope of employment with the insured firm.

Coverage of heirs, executors, etc. is automatic upon death or disability of insured.

Personal Injury coverage is included in the definition of a claim.

Arbitration Proceedings initiated against the insured are included in the definition of a claim.

Innocent Insured Coverage - the policy waives the exclusion that would otherwise apply for dishonest, fraudulent, criminal or malicious acts or omissions, as pertains to an "innocent insured."

Liberalization clause exists so that Insureds receive the benefits of non-optional coverage enhancements implemented during the Insured's policy term.

Two-Way Extended Reporting Period provides automatic extension of the claims reporting period, even if the insured cancels the policy.

Automatic Extended Reporting Period is provided for 60 days following policy termination.

Optional Extended Reporting Period is available for one, three or six years - or for an unlimited time. The premium is established at policy inception, and the insured has a 60 day window to elect one of the options.

Death or Disability Extended Reporting Period is provided at no additional charge.

Retirement/Non-practicing Extended Reporting Period is available at no charge to Insureds who have been covered by the LPL for three consecutive years.

Reinstatement of Policy Limits for claims reported during automatic or optional Extended Reporting Period when Insured cancels or refuses renewal of policy.

For a Ballpark proposal to see how we compare for your firm, please complete our On-Line "Ballpark Estimate"!

 

CNA More than insurance. Your best defense.(R)

One or more of the CNA companies provide the products and/or services described. The information is intended to present a general overview for illustrative purposes only. It is not intended to constitute a binding contract. Please remember that only the relevant insurance policy can provide the actual terms, coverages, amounts, conditions and exclusions for an insured. All products and services may not be available in all states and may be subject to change without notice. CNA is a registered trade mark of CNA Financial Corporation. Copyright © CNA. All rights reserved. CNA: 333 South Wabash, Chicago, IL, 60604.

 

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Parsons & Associates

Home Office:
The Galleries of Syracuse
440 South Warren Street, Suite 704
Syracuse, NY 13202

(315) 472-5420 Phone
(800) 440-9932 Toll Free
(315) 472-3222 FAX
(877) 472-8465 Toll Free FAX

 
NY City Office:
40 Wall Street
9th Floor
New York, NY 10005

(212) 344-1341 Phone
(877) 452-9776 Toll Free
(212) 344-1348 FAX
(800) 560-0805 Toll Free FAX

Direct All Mail to:
P.O. Box 3890
Syracuse, NY 13220-3890

Email: info@parsonsinsurance.com

Please Note: Insurance coverages may not be changed or added by
email request. They must be confirmed by a representative from P&A.

Copyright © Parsons & Associates, Inc. -- All Rights Reserved

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