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[Description] Any Professional Liability policy should have a provision to allow an insured to purchase coverage to allow for the reporting of claims after the termination of the policy. The extension should apply to all claims made in the future that have their origin prior to the termination date of the policy. Policy provides the option of this Extended Reporting Period for RETIRING, DECEASED or DISABLED Agents, however there is an additional premium charge. Options range from 1 to 10 years Flat Premium – Last annual 3 years 150% 4 years 175% 5 years 200% 10 years 300% Termination or Cancellation - 1 year ERP is available for most Agents @ 75% of last annual premium For more details contact your Marsh Canada representative. [Item] 
Extended Claim Reporting
CIFPs | Building a strong profession today, for tomorrow
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