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Philadelphia Insurance Companies
Employed Lawyers Protection Plus

Employed Lawyers Protection Plus is designed to protect all attorneys working as In-House Counsel, their support staff and independent contractors from claims arising from their legal professional services. The coverage provides protection for In-House Counsel in the event that their employer’s Directors & Officers Liability policy will not or cannot protect them for liability resulting from professional services.


Benefits of the Program

  • Broad definition of claim
  • Optional duty to defend with choice of counsel
  • Full severability of the conduct exclusions
  • Policy non-cancelable except for nonpayment of premium
  • Moonlighting and pro bono services covered in the form without requiring prior company approval (for full time counsel)
  • Full defense coverage for Sarbanes-Oxley §307 actions (for publicly held companies)
  • Coverage provided for part time and contracted attorneys
  • Coverage provided to the entire support staff
  • Full limit of liability available for defense even when the company or the shareholders sue the attorney
  • Up to $10 Million in limits available

Applications

Supplemental Applications

Policy Forms

Documents Required for Proposal

  • Completed application
  • 3 years of loss history
  • Financials (audited for limits over $1 Million)


All of our Product Forms and Documents are available in PDF version only. Version 7 or higher of Adobe is needed to fill out the PDF Forms.

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10 Reasons Why
 
  1. Available for Privately Held, Non-Profit and Publicly Traded companies – separate forms utilized to reflect the unique nature of these accounts
  2. Admitted policy form in most states
  3. Optional selection of counsel – Insured may choose defense counsel or tender the defense to the Underwriter
  4. Moonlighting and pro bono services covered in the form without requiring prior company approval (for full time counsel)
  5. Coverage provided for part-time and contracted counsel and coverage extends to counsel’s entire support staff including paralegals, secretaries, legal assistants and notaries
  6. Full limit of liability available for defense even when the Company or the shareholders sue the attorney
  7. Choice of counsel- Insured may choose counsel subject to approval
  8. Full severability of the conduct exclusions
  9. Full defense coverage for Sarbanes-Oxley §307 actions (for publicly traded companies)
  10. Policy non-cancelable except for non-payment of premium

 

Employed Lawyers Protection Plus 10 Reasons Why

Have you thought about

Private Company Protection Plus

This policy is a comprehensive liability solution for small to mid-sized privately held corporations. It provides Directors & officers Liability (lead coverage), Employment Practices Liability and Fiduciary Liability. More

Loss Control

Keep costs down by choosing industry specific Safety Programs. We'll show you how to implement Client Training Services and Risk Management Reporting that get results. More

Philadelphia Insurance Companies has partnered with a nationally recognized law firm Wilson, Elser, Moskowitz, Edelman & Dicker LLP (WEMED) to offer a Loss Assistance Hotline . The Loss Assistance Hotline is currently available to all PHLY Specialty Lines Division insureds. More

Click to see our 10 Reasons Why