Stand Alone Tail Coverage

PracticeENDUREsm

Stand-Alone Extended Reporting Period Policy

If your insurance needs are in transition due to a change in employment or practice circumstances and you need to purchase an Extended Reporting Period (Tail), then look no further. We offer competitive Stand-Alone Extended Reporting Period policies through our PracticeENDURE policy for physicians and surgeons across the country. As a pioneer in the industry, Aspen Insurance Holdings, LTD was actually one of the first insurance companies to offer this type of policy and we’ve been committed to it ever since.

What is an Extended Reporting Period Policy?

Stand-Alone Extended Reporting Period policies are designed to cover claims reported after the termination of a practitioner’s expiring claims made policy. It’s important to note that Stand-Alone Extended Reporting Period policies do not cover claims resulting from professional services rendered after the termination of the prior policy. Rather, they extend the ability to report a claim arising out of professional services rendered prior to the termination of the expired claims made policy.

Historically, Extended Reporting Periods (ERPs or Tail) were only available through a practitioner’s incumbent insurance carrier; however, we are pleased to be among a short list of companies now able to offer Stand-Alone Extended Reporting Period policies to physicians and surgeons.

The PracticeENDUREsm Advantage

Purchasing an Extended Reporting Period policy is a serious commitment. You are relying on your carrier to be there for you for years to come. Backed by the financial stability of an “A” Excellent A.M. Best XV rated insurance company, our PracticeENDURE Extended Reporting Period policy has the endurance to stay with you for when the time comes that you will need us most.

Our PracticeENDURE Extended Reporting Period policies are customizable and feature:
Unlimited reporting periods or shorter duration as requested.
Defense costs in addition to medical professional limits of liability.
Administrative Proceedings Defense Reimbursement up to $25,000 per claim / $25,000 policy aggregate per physician insured. *
Modified or full consent to settle provisions based on availability.
Coverage for corporations and physician extenders on a shared or separate limits basis upon request.
Payments plans for premiums in excess of $50,000.

* This is an optional endorsement that provides reimbursement of defense expenses associated with investigations of a state medical board related to a claim arising out of professional services that is otherwise covered under the policy

All coverage is underwritten through Aspen Insurance Holdings, LTD. Aspen writes specialty insurance in the United States on a surplus lines basis through Aspen Specialty Insurance Company. Aspen’s operating subsidiaries have been rated “A” Excellent by A.M. Best for financial stability.

Learn what PracticeENDURE can do for you. Request a quote and one of our agents will be in contact with you within 1 business day.
Learn what PracticeENDURE can do for you. Request a quote and one of our agents will be in contact with you within 1 business day.