- Broad definition of Employment Practice Wrongful Act, including Third Party liability coverage
- Optional selection of counsel – Insured may choose defense counsel or tender the defense to the Underwriter
- Defense costs coverage for non-monetary relief and breach of contract claims
- Definition of Employee includes coverage for independent contractors
- 25% retention reduction if the Insured agrees to the first settlement offer reached between the Claimant and Underwriter
- Defense Costs in addition to the Limit of Liability
- Most favorable venue wording for punitive, multiple or exemplary damages
- Final adjudication wording applies to fraud and personal profit exclusions
- Full severability for Individual Insureds; enhanced for the Entity by naming the Executive Officers
- Enhanced fiduciary liability coverage including HIPAA and IRS cap penalties
Private Company Plus - 10 Reasons Why