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  • Professional Liability Insurance Occurrence Application

Get Professional Liability Insurance Occurrence Application

Professional Liability Insurance Occurrence Application 159 East County Line Rd., Hatboro, PA 190401218 Tel: 18882883534 Fax: 18479530134 FS875D 1. APPLICANT INFORMATION: a) Firm Name: b) Owner (s):.

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How to fill out the Professional Liability Insurance Occurrence Application online

Completing the Professional Liability Insurance Occurrence Application online is a vital step for professionals seeking insurance coverage. This guide provides clear, step-by-step instructions tailored to assist users in accurately filling out the application.

Follow the steps to successfully complete your application.

  1. Click ‘Get Form’ button to access the application form and open it in your chosen online editor.
  2. In the applicant information section, provide the firm's name, owner(s), and their practitioner certifications. Specify the type of firm, such as Staffing/Registry or Rehab Clinic.
  3. Identify the contact person and indicate if the business is operating under a different name. Fill in the address details, including city, state, and zip code.
  4. Confirm whether the firm is a franchise and if there are any expected changes in operations over the next year, providing explanations where required.
  5. Respond to questions about the firm's incorporation status and if all services are provided from the listed location.
  6. Complete the hiring/screening and employment procedures section by marking 'Yes' or 'No' to various employment verification questions and detailing how references and background checks are conducted.
  7. Fill out the risk management and quality assurance section, indicating licensing status in the operational states and documenting any past license issues.
  8. In the claims history section, disclose any past claims made against the applicant or employees, noting if there are any known circumstances that could lead to future claims.
  9. Proceed to the professional liability section to detail employees/independent contractors, including their professions and annual payrolls.
  10. Specify the location where services are provided, ensuring the total percentage equals 100%. Likewise, complete the type of services provided section, again ensuring total percentage equals 100%.
  11. Indicate whether the firm provides overnight services and disclose previous professional liability insurance coverage for the past five years.
  12. Decide if you would like optional general liability coverage, completing the necessary sections if 'Yes' is selected.
  13. Confirm the existence of written agreements with third parties and note any mutual indemnification or hold harmless agreements.
  14. Fill in the agent/broker information, sign the application, and add the date.
  15. Once you have filled out all sections, review your inputs for accuracy and completeness. Save changes, download, print, or share the form as needed.

Start your Professional Liability Insurance Occurrence Application online today!

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The per-occurrence limit is the most your insurance company will pay for a single covered loss under the terms of your policy.

A per-occurrence insurance policy offers guaranteed coverage for incidents that happen while your policy was active. If you cancel your policy and file a claim that occurred during the policy period but after your coverage ended, the insurance company would still cover your claim.

The occurrence form covers losses that take place during a specific coverage period, regardless of when an incident is reported. For example, an electrician purchases a general liability policy on an occurrence basis.

Key Takeaways: An occurrence policy has lifetime coverage for the incidents that occur during a policy period, regardless of when the claim is reported. A claims-made policy only covers incidents that happen and are reported within the policy's timeframe, unless a “tail” is purchased.

An occurrence-based policy covers losses that happen during the time you have the policy, regardless of when you file a claim. It is designed to protect you against long-tail events – incidents that could cause injury or damage years after they occur.

Per occurrence limit is the maximum amount the insurer will pay for all claims resulting from a single occurrence, no matter how many people are injured, how much property is damaged, or how many different claimants may make claims.

Is Occurrence or Claims-Made Better? There's not an advantage to having claims-made or occurrence coverage. You'll likely pay more for insurance written on an occurrence form. Be aware that insurers may write coverages on a certain type of policy.

Occurrence policies accommodate “long-tail” events – situations that don't produce lawsuits or claims right away. With a claims-made policy, your coverage only kicks in when you file a claim during the policy period.

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Fill Professional Liability Insurance Occurrence Application

Your NSO professional liability insurance uses the occurrence form. An occurrence policy protects you from any incident occurring while the policy is in force. The policy then covers those incidents forever. "Claims-made" insurance protects you from malpractice claims only if the company that insured you at the time of the alleged "occurrence" is the same company. An occurrence policy provides coverage for incidents that happen during your policy period, regardless of when you file a claim. With your fully completed, signed and dated application, please submit the following information: 1. Current coverage verification (i.e. An occurrence form covers losses that happen during the policy period, regardless of when the claim is made. The loss can be reported years later. Professional liability insurance protects businesses that provide advice and services against negligence claims.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232