Policyholder Services

If I have to pay for a “tail”, how much will it cost?

It will depend upon the length of time you’ve been insured, your retroactive date, and your coverage history. On average, the tail cost will be approximately 185% of the base annual premium in effect at the time of termination but may be more or less depending upon factors such as your claims made step and coverage history. We recommend that you also investigate the cost of buying prior acts coverage from your new carrier.

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