As the New Jersey State Bar’s partner on their Lawyers’ Professional Liability Insurance Program, we’re always looking for ways to improve the offering.
Matawan, NJ (PRWEB) December 16, 2013
USI Affinity and the New Jersey State Bar Association are excited to announce another series of enhancements to the successful NJSBA Lawyers’ Professional Liability Insurance Program. The New Jersey State Bar Association Insurance Program is administered by USI Affinity, the NJSBA’s exclusive member benefit insurance broker and a national leader in protecting the legal profession for more than 60 years. USI Affinity insures more than 35,000 attorneys nationwide and is the endorsed insurance administrator and partner for more than 30 state and local bar associations.
Enhancements to the NJSBA Lawyers’ Professional Liability Insurance offering include the addition of coverage for Privacy Breach Investigation ($20,000 per policy period) and Network Security Breach coverage ($25,000 per policy period), Subpoena Assistance Coverage ($25,000 per policy period) and a broadened definition of legal services to include expert witness, government advisor or lobbyist. In addition, if any claim is resolved by formal mediation within 6 months of being made, or 90 days of suit being filed, the deductible is reduced by 50%, to a max of $12,500.
“As the New Jersey State Bar’s partner on their Lawyers’ Professional Liability Insurance Program, we’re always looking for ways to improve the offering,” said Mike Mooney, Vice President of Bar Association Programs for USI Affinity. “Back in September we announced the addition of a 5% credit for NJSBA members on their LPL premium through the program, which has been very well received. These latest enhancements are excellent additions to our very strong coverage for New Jersey law firms, so we look forward to continuing to grow the program.”
The NJSBA Lawyers’ Professional Liability Insurance program boasts broad coverage and policy features designed to cover a variety of firm sizes, with limits of liability up to $10 million available for qualified firms. It is underwritten by an insurance carrier rated “A” (Excellent) FSC “X” by A.M. Best.
Law firms that would like more information on the New Jersey State Bar Association Insurance Program, advised and administered by USI Affinity, should call 1–855–USI–0100 PIN 510, or email LPLcoverage(at)usiaffinity(dot)com.
About USI Affinity
For more than 60 years, USI Affinity has developed and administered insurance and financial programs that offer law firms unique advantages in coverage, price and service. As a national leader in protecting the legal profession with more than 35,000 attorneys insured, USI Affinity has the experience and know-how to navigate the marketplace and design the most comprehensive and innovative insurance and benefits packages to fit a firm’s individual needs.