|E&O Insurance Program|
Receive quality coverage and discounts on errors & omissions (E&O) insurance
In partnership with Heffernan Professional Practice Insurance Brokers (PPIB), NIPA members qualify for a 5% annual credit on your premium when you purchase E&O through the NIPA program. If your E&O insurance is $12,000 per year, your 5% credit back will be $600. This benefit alone will pay for your annual membership as a NIPA Business Owner.
NIPA members receive a discount on this quality coverage, underwritten by Hanover, an A.M. Best "A"-rated carrier that is admitted in most states (the same coverage can be provided in other states as a non-admitted carrier under those states' surplus lines filings). The professional services covered include:
Click here to see the coverage highlights. One extremely important feature is the policy's mutual choice of counsel provision, which allows you to work with the insurance company to select an attorney who is agreeable to both you and Hanover.
In addition to the basic broad form miscellaneous professional liability provisions, the Heffernan Endorsement Enhancement provides extremely important protection not readily available elsewhere: