Miscellaneous Professional Liability (MPL)

We offer Miscellaneous Professional Liability that provides coverage for over 4,000 classes of professionals. We can provide professional liability insurance to business and management consultants, notaries, medical billing services, Real Estate Agents/ Brokers, Mortgage Brokers, Interior Decorators or a broad spectrum of other professionals for exposures that arise during the course of their work, you can rely on our experience and expertise to best address your and your clients’ needs.

Coverage Highlights

Coverage for expenses incurred to attend a hearing, trial or mediation at the Insurer’s request. Coverage is $500 per day, subject to an aggregate amount of $5,000
Personal Injury coverage built into the definition of Wrongful Act
Broad definition of Claim, including subpoenas related to a civil or regulatory proceeding
Broad definition of Insureds, including coverage for directors, officers, employees as well as debtor -in-possession or bankruptcy estate coverage
Automatic coverage for independent contractors
Punitive damages coverage (most favorable venue language), where insurable
Defense covered and final, non-appealable adjudication wording for fraud and personal profit exclusions
Coverage for common ownership of less than or equal to 15%
Automatic ninety (90) day Discovery Period
Duty to defend form
No Hammer clause
Mergers and Acquisitions clause
Innocent Insured (severability) clause
Worldwide coverage
Coverage non-cancelable except for non-payment of premium
No exclusion for liability assumed by the Insured’s under any contract or agreement
Spousal/domestic partner extension
Broad definition of Subsidiary to include any entity directly or indirectly owned more than fifty percent (50%), including any Limited Liability Company (LLC)
Bilateral Discovery clause with ninety (90) day election period
Waiver of Subrogation provision for most situations
Broad Allocation provision with 100% Cost, Charges and Expenses allocation

Real Estate Agents / Brokers

Coverage for errors and omissions arising from professional real estate services as a real estate agent or broker
Virtual home tours eligible for coverage at no additional cost
Use of drones when in the provision of a professional service is eligible for coverage at no additional cost
Environmental hazards included to policy limits at no additional premium
Public relations event coverage up to $50,000 per policy period
Discrimination coverage for defense and damages at no additional premium
Privacy response coverage up to $20,000 for expenses incurred by the insured due to a security breach
Death, disability and non-practicing extended reporting periods at no additional premium
Premium credits for favorable claims experience and participation in risk management programs
Open house, mold and employment practices liability coverage and more
Endorsement for sales, leasing, and property management of 100% owned property

Policy forms and Policy terms may vary by State and Carrier.