How do I apply for coverage?
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| Download the application form from this site. (If you have a question about which application is correct, please call). Complete, sign, date and return the application and include C.V.'s (resumes) for each of the professionals on staff and any brochures that are available. Answer every question completely or state "N/A" if it is not applicable to your firm. |
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For how long are your quotes valid?
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| Our terms are valid for up to 30 days. After that, the information in the application must be re-submitted for review. In addition, each application ends with a claims declaration that must be signed and dated by the Insured. The date of signature must be less than 30 days old at the time of binding. If it is older we will need either a separate Claims Declaration from the Insured or the original application re-signed and re-dated. |
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Are your E&O policies written on a claims-made or occurrence form?
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| Our policies are written on a claims-made form. |
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Are your rates competitive?
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| Our program is competitive in terms of both cover and premium value. |
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Will you provide terms based on another insurers application?
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| Yes, we will provide a rough indication of terms subject to the receipt and acceptance of the original signed and dated Elliott Special Risks Ltd. application (or specific Insurer application in certain instances) prior to binding. The application also forms part of our policy document. |
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I recently signed a contract that requires me to carry E&O cover, even though I do not think that I need it. Can I purchase the coverage to satisfy the requirements of one contract only?
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| Sorry, we cannot provide cover on a single-job basis. In recent years the requirement to carry insurance has become more common. We recommend blanket cover for all your work. |
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Can prior acts coverage be provided?
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| Yes, usually back to the inception date of the first claims-made policy provided there are no gaps in coverage. Depending on the amount of prior acts coverage provided an additional premium may be charged. |
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Will you underwrite the E&O cover without writing the Comprehensive General Liability (CGL) cover?
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| Yes, we will write E&O as a stand-alone product. Alternatively, we can provide CGL cover as an extension to the E&O cover. |
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