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EMPLOYED COUNSEL PROFESSIONAL LIABILITY INSURANCE APPLICATION (CLAIMS MADE BASIS) APPLICANT S INSTRUCTIONS: 1. Answer all questions. If the answer requires detail, please attach a separate sheet.
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Employed counsel professional liability is a type of insurance coverage that protects lawyers and law firms from potential claims of negligence or malpractice while providing legal services to clients.
Lawyers and law firms who provide legal services to clients are required to file employed counsel professional liability.
To fill out employed counsel professional liability, lawyers and law firms must provide information about their practice, coverage limits, and any previous claims.
The purpose of employed counsel professional liability is to protect lawyers and law firms from financial losses due to claims of negligence or malpractice.
Information such as the name of the insured, coverage limits, previous claims, and any endorsements must be reported on employed counsel professional liability.
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