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Professional Liability Insurance Program ERP Option Form Extended Reporting Period Option Form GoPro An Extended Reporting Period (ERP) allows for an additional period in which to report claims for
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How to fill out extended reporting period option

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How to fill out extended reporting period option

01
Read the terms and conditions of your insurance policy to determine if extended reporting period option is available.
02
Contact your insurance provider to request the extended reporting period option.
03
Fill out the necessary forms provided by your insurance provider.
04
Provide any required documentation or information as requested.
05
Pay the applicable fees for the extended reporting period option.
06
Review the completed forms and documentation for accuracy.
07
Submit the filled-out forms and payment to your insurance provider.
08
Wait for confirmation from your insurance provider regarding the extended reporting period option.

Who needs extended reporting period option?

01
Professionals or businesses who are changing insurance providers or policies.
02
Professionals or businesses who have completed a project or service but want coverage for potential claims that may arise after the policy expires.
03
Professionals or businesses in high-risk industries where claims may take longer to arise or be discovered.
04
Professionals or businesses with a history of claims or who anticipate potential claims in the future.
05
Professionals or businesses involved in litigation or who have ongoing legal disputes.
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The extended reporting period option allows policyholders to extend the reporting period for their insurance coverage beyond the standard policy term.
Policyholders who want to extend the reporting period for their insurance coverage may choose to file the extended reporting period option.
Policyholders can fill out the extended reporting period option by contacting their insurance provider and submitting the necessary forms and payment.
The purpose of the extended reporting period option is to provide additional coverage beyond the standard policy term in case any claims arise after the policy has expired.
Policyholders must report any claims or incidents that occurred during the standard policy term but have not been reported yet.
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