An important ancillary coverage in the Aspen American form is the Expense Reimbursement coverage. Each policy offers up to $500 per day, $10,000 per claim and $30,000 per policy period for reimbursement of actual loss of earnings and reasonable expenses incurred at the Company’s request for attendance at trial or a hearing, arbitration, or mediation in connection with a claim under the policy.
The Lawyers Protector Plan has partnered with Aspen American Insurance Company since 2013 and offers comprehensive professional liability coverage to attorneys and law firms across the country. While many professional liability coverage forms have similar general coverages, exclusions, and conditions, it is important to dive deeper into a policy to understand the complete package of ancillary or supplementary coverages available.
