Coverage Highlights and
Benefits: Firemans Fund
With more than 25 years of experience, Firemans Fund is an
industry leader in providing E&O liability coverage for agents and brokers
- one of the biggest issues they face in an increasingly complex world. The
company is one of the largest writers of agents E&O coverage in the
country.
Coverage Highlights
State of the art coverage form, exclusive to Big "I"
members
$50,000 first party personal data compromise breach response for
the accidental loss of client data, with optional higher limits available
First claim deductible is waived if you have been insured and
claims free with Firemans Fund for five or more years
80/20 consent to settle clause
True worldwide territory coverage
Insolvency coverage for all carriers with B+ or better A.M. Best
rating
90 day notice of merger or acquisition
$10,000/$30,000 catastrophe claims extra expense included at no
additional premium
$35,000 regulatory investigation defense expense coverage per
policy period
60 days after expiration to report claims and purchase extended
reporting provision
$500 per day supplementary payments for expenses incurred in
aiding the defense of a claim
Aggregate deductible applies
Claims made policy form
Defense outside the limit
Broad definition of who is an insured, including spousal or
domestic partner liability
Limits of liability available to $10 million
