Professional Liability Insurance
Premier Plan
Expanded Coverage
Today's CPAs are offering more diverse services to clients than ever before. The AICPA-endorsed Premier
Plan offers broad, flexible coverage that can be tailored to your firm's specific needs. Coverage
options provide coverage for non-accounting professionals, including:
- ERISA Plan Fiduciaries
- Life Insurance Agents
- Registered Reps
Expanded Premier Plan Coverages:
Premier Plan expanded coverages include:
- Increased Defendants Reimbursement - Reimbursement of $75 per hour for wages lost due to
CNA-requested court attendance in connection with a claim.
- Increased Regulatory Inquiry Coverage - Up to $12,500 of coverage for attorney fees and
court costs of a regulatory inquiry or investigation of your firm. This coverage is not subject to
the deductible and does not deplete the policy limit.
- New Receivers/Trustees Coverage - Coverage for Court-Appointed Receivers and Bankruptcy
Trustees is now available under the policy for qualified firms.
- Coverage for Subpoenas - Coverage is provided for legal representation in responding to a
subpoena arising out of the firm's professional services, provided the subpoena arises out of a
dispute to which firm personnel are not a party and the firm has not been engaged to provide advice
in connection with the dispute. The legal fees incurred do not reduce the limits of liability and
are not subject to the deductible.
- Coverage for services as an executor, administrator, or personal representative of an estate and as a
trustee of personal trusts and charitable remainder trusts.
- Defense Coverage for alleged discrimination in client selection.
- Innocent Insureds Coverage - Provides coverage to innocent principals, partners and employees
in the event of fraud or misrepresentation by another principal, partner, or employee.
Other Coverage Options:
- Not-for-Profit Directors & Officers Supplementary Defense Coverage Option - Supplementary
defense coverage is available for members of the firm in their roles as officers or directors of
qualified not-for-profit entities such as church groups, sports or music organizations, community
volunteer groups, or senior citizen groups. This optional coverage offers a defense limit of up to
$100,000.
- Employee Dishonesty
- Bodily Injury for Exposures Arising from CPA ElderCare Services
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One or more of the CNA companies provide the products and/or services described. The information is
intended to present a general overview for illustrative purposes only. It is not intended to constitute
a binding contract. Please remember that only the relevant insurance policy can provide the actual
terms, coverages, amounts, conditions and exclusions for an insured. All products and services may
not be available in all states and may be subject to change without notice. CNA is a service mark
registered with the United States Patent and Trademark Office. Copyright © 2008 CNA. All rights
reserved.
Aon Insurance Services is a division of Affinity Insurance Services,
Inc.: in CA, MN & OK, (CA License #0795465) Aon Insurance Services is a
division of AIS Affinity Insurance Agency, Inc.; and in NY, AIS Affinity Insurance
Agency.
