Accountants Professional Liability (APL) Insurance

Premier Plan Highlights

• Coverage limits range from $100,000 up to $10,000,000 for qualified insureds (split limit options available upon request)
• Covers all professional, administrative, and clerical staff, including per diem employees
• Deductible options from $500 to $500,000 for qualified insureds
• Defendants reimbursement benefit of $75 an hour for lost wages when CNA requires attendance at a trial or arbitration proceeding in connection with a claim
• Automatic enrollment in the AICPA Professional Liability Risk Control Program
• Experienced defense counsel provided by CNA
• Regulatory inquiry coverage of up to $12,500 for attorney fees and court costs
• Full prior acts coverage available for qualified firms
• Settlement only with insured’s written consent
• Innocent partner protection for fraudulent acts
• Extended coverage for services as an executor, administrator, or personal representative of an estate and as trustee for a personal trust
• Court-appointed receivers and bankruptcy trustees coverage for qualified firms
• Network risk and privacy claim endorsement
• Defense coverage for alleged discrimination in client selection
• Extended Claims Reporting Period (ECRP) automatically extended for 60 days, with optional additional terms of one, three, or five years at an additional cost
• Premium credits for use of engagement letters, claims-free status, and risk management training
• Competitive premium financing for qualified firms

Program available in Tennessee and Wisconsin. All other states, please contact a Professional Liability Specialist for specific terms of coverage and costs.

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 trademark of CNA Financial Corporation. Copyright © 2010 CNA. All rights reserved.

Aon Insurance Services is a division of Affinity Insurance Services, Inc.: in CA, MN & OK, (CA License #0795465) Aon Insurance Services is a division of AIS Affinity Insurance Agency, Inc.; and in NY, AIS Affinity Insurance Agency.

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