Policy Features
Lawyers Mutual Policy Features:
- Immediate assistance in claims avoidance and claims repair
- Up to $10,000 for attorney fees in defending a bar complaint (outside of policy limits) per policy period
- $500 loss of earnings, for each named insured, each day when attending a trial, arbitration, mediation, or deposition up to $10,000 (outside of policy limits) per policy period
- Coverage for acts, errors, and omissions anywhere in the world
- Mediator/arbitrator coverage
- Coverage for non-lawyers for services performed in the course and scope of employment with the insured firm
- Penalty-free reporting for incidents or potential claims
- Immediate coverage for new partners, associates, and employees during the term of the policy, with no additional premium due until policy renewal
- Free extended reporting period endorsement (“tail”) coverage provided upon death or disability
- Free extended reporting period endorsement (“tail”) coverage for retiring attorneys who have been with Lawyers Mutual Insurance Company of Kentucky for five consecutive years
- Prior acts coverage
- CLE premium discounts
- Financing options
- New lawyer discount of 60% in the first year of practice (with graduated discounts through the fourth year of practice)