Description
NEXT Overview:
- Broad appetite with over +1,300 professions available
- Quote and bind online for businesses up to $5M in annual revenue
- Admitted and A- Rated by A.M. Best
- Direct Bill, Automatic Renewal, Flexible Payment Options
- No trailing documents needed to bind
Target Professions:
- Architects & Engineers
- Arts & Entertainment
- Financial Services
- Health & Wellness
- Insurance Professionals
- Real Estate Services
Underwriting Guidelines:
- Maximum Revenue: $5M
- Maximum Payroll: $5M
- Maximum Employees: 20
- Limits Available: $250k/$250k to $1M/$2M
- Coverage Highlights: Our Professional Liability coverage is claims-made and defense costs are within limits*. We offer the ability to add prior acts coverage, blanket additional insured, an optional 36-month extended reporting period, and free non-practicing and death/disability ERPs**.
* Defense costs are in addition to the limits of liability in AK, AR, NJ, NY and VT.
** An unlimited extended reporting period (ERP) is available for CT and WY insureds; there are eligibility conditions for extended reporting periods, including 7 years’ tenure for non-practicing ERPs.
Helpful Links:
Details
Has Pen
Appointment Required
Carrier Information
Next Insurance US Company
Admitted
Rating A-
Rating By A.M. Best
Offered By
Availability 50 states + DC
Covered
Not Covered
