Professional Liability Insurance
Premier Plan
Premium Savings
Manage Your Risk and Save
With the Premier Plan, it pays to practice effective risk management.
When you take a proactive approach to managing liability, you'll
benefit from valuable reductions in the cost of coverage:
Premium Savings
- New AICPA Audit Quality Center Credit - Members of the AICPA Governmental and Employee Benefit Plan
Audit Quality Centers now receive a premium credit of up to 5% per center - for a total of up to 10%. The
maximum amount of the credit available is $400 per policy.
- Engagement Letter Use Credit - Firms which regularly use engagement letters may qualify for a premium
credit of up to 5%.
- Peer Review Credit - Firms that have undergone recognized Peer Review within the last three years and
obtained an unqualified opinion qualify for a credit of 5%.
- Claims Free Status Credit - Credit available for firms with favorable claims experience.
- Risk Management Training - Affordable risk management training programs give policyholders the opportunity
to cash in on significant savings. In addition to receiving CPE credits, when firm professionals participate in
risk management training, your firm can earn premium credits up to 7.5% for three consecutive years.
Deductible Reductions
The Engagement Letter Advantage - If you use an engagement letter for non-audit and non-attest services within the policy guidelines in a covered claim, the deductible applying to the claim will be reduced by 50%, up to a total of $5,000.
The Merits of Mediation - When a claim is resolved for an acceptable amount via mediation by an independent, compensated third party (without institution of arbitration proceedings or service of suit), the deductible will be reduced by 50%, up to $50,000.
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.
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