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July 21, 2010

E&O for Event Planners

Something Old, Something New

Something Borrowed, Something Blue . . .

If It Rains And The Day Isn’t Nice, Will The Event Planner Pay The Price?

 

Today, with a little help from a wedding planner and Daddy’s checkbook, dream weddings can come true. But what happens when the fairy tale day doesn’t meet expectations?

Who is to blame? The Event Planner, of course!

 

Where can you turn for E&O Coverage for your Event Planning clients?

 

Policy Coverage Features Include:

• Claims Made & Reported Policy

• Pay on Behalf / Duty to Defend Policy

• Prior Acts Coverage Available (premium discount available for inception coverage)

• Punitive & Exemplary Coverage (where insurable)

• Insurable Limits from $100,000 to $2,000,000

 

 

NEW! Included In Policy!

• Deductible Reduction/Credit (up to 75%)

• Disciplinary Proceedings (up to $7500 in defense)

• Supplementary Payments (up to $15,000 for loss of earnings)

 

 

Features Available For Additional Premium:

 

• Defense Outside the Limits

• Bodily Injury & Property Damage Coverage Sublimit

• Personal Injury Coverage Sublimit

 

 

Insureds have free, unlimited telephone access to Specialty Risk Management, Inc. (SRM), a certified and experienced Loss Control Consultant team, as a preventive resource throughout the policy year.

 

Insureds receive real time responses related to professional liability issues. 

 

·     Loss control procedures for documentation and communication (i.e. client relations assistance)

·     Company document review:

-          Indemnification/Hold Harmless Agreements

-          Contracts

-          Professional Policies / Procedures

-          Disclaimer language

-          Mediation/Arbitration Agreements

 

Professional Liability Insurance Services, Inc.® Underwriting Facilities

P: 800-761-7547 . underwriting@plisinc.com . http://www.plisinc.com 

 

Not intended to be a representation of coverage. See policy wording for coverage details.

 

Copyright © 2010 PLIS®, Inc. All rights reserved.



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