- Three-year Policy (optional): Guaranteed
coverage at a fixed cost ensures that a firm will
always have at least two years of continuous coverage
before any change in market conditions will have any
effect.
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- Limits up to $30 Million: Coverage in excess
of $30 million (with virtually no upward ceiling on
the limit of liability) can be purchased through the
PilotLegis broker.
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- Flexible Policy Coverage: Special endorsements
tailored to broaden coverage are commonly added to
fit the needs of individual member firms.
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- Mutual Choice of Defense Counsel: Subject
to the agreement of the insurers, member firms pick
their own defense counsel.
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- Risk Management Reviews: PilotLegis
members and staff provide each firm with objective
advice regarding the firm's business practices. Experienced
administrators help firms make positive procedural
changes in order to help reduce areas of risk. Often,
advice from someone outside the firm provides the
catalyst to help managing partners and administrators
implement needed changes within their own firms.
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- Money Back for Commutation: Individual member
firms can, at their sole option, get money back in
return for "commuting" their rights under the policy
for any policy year in which there has been no claims.
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