RLI’s property and casualty insurance policies for professional services firms provide industry-leading coverages that are specifically designed to meet your firm’s needs, help you recover quickly after a loss, and provide assistance in complying with many common contractual insurance requirements. We automatically include many built-in offerings and increased limits that are not offered, or are only offered at an additional cost, by our competitors. The advantage for the professional services firm is peace of mind that they will have sufficient coverage in the event of a loss and that they are with a carrier who has built coverage to address the demands of their clients when they are negotiating contract terms for insurance requirements.
Lines of Coverage
These coverage features are available in most states.
- Businessowners′ property coverage
Automatic coverage:
- Full replacement cost
- No coinsurance
- Business income and extra expense
- Ordinance or law
- Interruption of computer operations
- Claim data expense
- Equipment breakdown
- Newly acquired property
- Property off premises
- Valuable papers
- Accounts receivable
- Fine arts
- Computers and electronic data
- Contract penalty coverage
- Identity fraud
- Utility services
- Outdoor property
- Water backup and sump pump overflow
- Money and securities
- Employee dishonesty
- ERISA
- Green building and BPP upgrade endorsement
Optional endorsements:
- Tools, equipment and watercraft
- General liability coverage
Automatic coverage:
- Medical payments
- First aid and Good Samaritan services
- Damage to premises rented to you
- Non-owned watercraft liability
- Aircraft chartered with crew
- Electronic data liability
- Newly acquired or formed organizations
- Blanket additional insureds
- Waiver of subrogation
- Amended personal and advertising injury
- Amended bodily injury
Optional endorsements:
- Hired and non-owned auto liability
- Hired car physical damage
- Scheduled additional insured
- Foreign liability
- Watercraft liability
- Employee benefits liability
- Stop gap liability for monopolistic WC states
- Notice of cancellation to designated entity
- Excess liability coverage
Automatic coverage:
- General liability
- Auto liability
- Employers liability
- Employee benefits liability
Optional endorsements:
- RLIPack for professionals excess liability
- Notice of cancellation to designated entity
- Auto coverage
- Broad form named insured
- Employees as insureds
- Blanket additional insured
- Blanket waiver of subrogation
- Employee hired autos
- Fellow employee coverage
- Auto loan/lease gap coverage
- Glass repair (waiver of deductible)
- Hired auto physical damage (loss of use)
- Hired car (worldwide coverage)
- Temporary transportation/rental car expenses
- Amended bodily injury definition (mental anguish)
- Airbag coverage
- Amended insured contract definition (railroad easement)
- Coverage extensions (audio, visual and data electronic equipment)
- Notice of and knowledge of occurrence
- Personal effects coverage
- Unintentional errors and omissions
- Hired auto physical damage coverage
- Towing coverage
- Workers compensation coverage
For comprehensive information on the RLI Property & Casualty package for professional services firms, click here.
