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Home > Blog > QBE Attorney Malpractice Insurance – Crisis Event Coverage
MONDAY, APRIL 10, 2023

QBE Attorney Malpractice Insurance – Crisis Event Coverage

QBE Attorney Malpractice Policy, Page One

Bad things can happen to a law firm that are not malpractice. If not addressed promptly could possibly end or damage the reputation of a firm or one of its attorneys. QBE’s Crisis Event Coverage may help to address these issues. The actual coverage provided is in the Extensions of Coverage policy section. Not all insurers provide a similar coverage.

 

Crisis Event Coverage:

D. The Insurer will pay for the cost of any Crisis Event Expenses that result from a Crisis Event that first occurs and is reported to the Insurer during the Policy Period. The Insurer’s obligation under this provision is subject to a limit of $20,000 for each Crisis Event first occurring during the Policy Period and $40,000 in the aggregate, regardless of the number of Crisis Events qualifying for Crisis Event Expenses, or the number of persons or entities who are Insureds.

Crisis Event Definitions:

D. “Crisis Event” means any:

1. Wrongful Act;

2. death, departure or debilitating illness of a Principal Insured;

3. potential dissolution of the Named Insured;

4. incident of workplace violence; or

5. other event agreed to between the Named Insured and the Insurer, that the Named Insured reasonably believes will have a material adverse effect upon the Named Insured’s professional reputation.

 

E. “Crisis Event Expenses” means reasonable fees, costs, and expenses paid by the Named Insured for consulting services provided to the Named Insured in response to a Crisis Event. Such consulting services shall be provided by a public relations firm that has been approved by the Insurer.

 

CLICK HERE TO GET AN ATTORNEY MALPRACTICE INSURANCE QUOTE

Lee

 
 
   Contact Me Today
   Lee Norcross, MBA, CPCU
   California License # 0D87292
    L Squared Insurance Agency, LLC ® DBA in California as
   L2 L Squared Insurance Agency, License # 0L93416

    Managing Director, CEO
    Click here to contact Lee Norcross, MBA, CPCU, CPIA

     (616) 940-1101 Ext. 7080

 
Posted 6:06 PM

Tags: attorney malpractice insurance, qbe crisis management coverage
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