Liability insurance is a type of risk management coverage that the insured (that’s you!) invests in to be protected and relieved of the financial responsibility of a potential loss. Think about liability insurance like it’s a safety net that’s got you covered should something—no matter how unpredictable or unlikely—go wrong. This type of insurance will protect you, your career, your finances, your reputation, and your future from claims, allegations, and potential litigation.

In our opinion, not all policies are created equally, and a lot of that has to do with the type of coverage you have. An occurrence-form policy offers you coverage for any claim made after your policy has expired as long as the incident in question took place while your policy was active. Claims-made coverage is a type of policy that only covers you for the claims filed within the policy term—in other words, if something happened while you were paying for your policy but wasn’t filed until after your policy expires, claims-made coverage will not protect you. That’s why we’re proud to offer occurrence-form coverage to all of our members!

Individual aggregate coverage means that you—and you alone—are covered by your individual policy limit, regardless of claims made by other members who have a similar policy. Shared aggregate coverage means that you share a policy limit with other members who share the same master program. That means if a claim is paid out for other members, you could be left with zero coverage when you need to have an insurer pay for a claim that was filed against you. We’re proud to offer aggregate coverage for our members so they can count on being covered every time—no matter what.