$1 Million Per Project Primary Limits
It’s a game changer for professional liability insurance!
Imagine $1 million limits for every project a firm has designed since its retroactive date and for which coverage applies.
The $1 million Per Project Primary Limits coverage is different from traditional limits or split-limits professional liability insurance coverage. With traditional limits or split-limits, every claim payment reduces the overall policy aggregate. This creates potential situations where a firm may not have adequate limits in the event of a large claim or multiple claims.
With $1 million Per Project Primary Limits coverage, the firm would have $1 million limits for every project the firm has designed since the retroactive date of its policy and for which coverage applies.
Per Project Primary Limits coverage is available for firms with annual revenues of $15 million or less.
- Limits up to $1 million for every project a firm has designed since its retroactive date and to which coverage applies. Coverage is subject to underwriting review and approval.
Quite simply, it’s a better more cost effective way to purchase professional liability insurance.Learn More
Products and services are provided by one or more of insurance company subsidiaries of W. R. Berkley Corporation. Not all products and services are available in every jurisdiction, and the precise coverage afforded by any insurer is subject to the actual terms and conditions of the policies as issued.