Excess Liability Insurance Program
(“Claims-Made” Basis)

FACILITY

1) This excess facility considers all size risks and provides coverage for excess professional liability arising out of a negligent act, error or omission in rendering professional services. This excess facility is only available for larger sized risks.
2) We will consider all professional classes (including employment practices liability) except for:

A. Medical Malpractice

B. Directors and Officers Liability

3) Coverage will be on a following form basis and excess of a minimum underlying limit of:

$1,000,000 each claim/$1,000,000 in the aggregate all claims.

4) For eligible risks, we will consider quoting excess limits in mid-term subject to:

A.the Underlying limits being unimpaired at the inception date of our policy, and

B. the expiration date under our policy expiring on the same date as the primary policy(ies).

EXCESS LIMITS OF LIABILITY

Up to $5,000,000 each claim, $5,000,000 annual aggregate for all claims. The limit is inclusive of legal, investigative and defense costs. Higher limits available upon request for extremely large risks.

MINIMUM PREMIUM

$10,000

COMMISSION

Excellent commission allowance.

UNDERWRITING INFORMATION REQUIRED

Copy of the primary insurer's application provided.
Full copy of the primary policy (including the policy wording) and all endorsements attached to the primary policy provided.

1)Prompt quotation turnaround.
2)Prompt policy issuance at PUA's Oakbrook Terrace, Illinois office.
3) Claims handling services on the facility provided by PUA's Claims Department in Oakbrook Terrace, Illinois.
4) This facility is offered to eligible insurance brokers on a surplus lines basis in your state. Brokers are responsible for filing appropriate forms and collection and payment of surplus lines tax in the state.

SCHEDULE OF INSURERS

A) Underwriters at Lloyd's, London, England

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