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MID EAST REGION
P.O. Box 830
Chardon, OH 44024
440.286.2599 phone
440.286.2596 fax
WEST COAST REGION
Cygnet Insurance Services
18614 Vallarta Drive
Huntington Beach, CA 92646
714.963.7380 phone
714.963.7761 fax
MIDWEST REGION
20 North Wacker Drive, #1528
Chicago, IL 60606
312.782.5830 phone
312.782.5850 fax
HOME OFFICE
77 W. Washington Street, Suite 1605
Chicago, IL 60602
877.4-CYGNET toll free
(877.429.4638)
312.782.5830 phone
312.782.5850 fax
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Programs |
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New “Admitted” Carrier Professional Liability
for Illinois Physicians & Surgeons
- Issuing Company “A(+ +)” (Superior) Rated by A.M. Best & Co. and AAA by Standard & Poor’s
- CLAIMS MADE Incident Reporting Form
- Policy Limits Available up to $1,000,000 / $3,000,000
- Defense Costs in Addition to Policy Limits
- Separate Limit of Liability Available for Group Practices
- Full Prior Acts Coverage Available
- Specific Term or Lifetime Extended Reporting Period (ERP) Available
- Extended Reporting Coverage Provided Free of Charge in the Event of Death, Disability and Retirement (after age 55 and five continuous years of coverage with carrier)
- Choice of First Dollar or Deductible Option
- Coverage for Peer Review Activities Included
- Locum Tenens Coverage Available at No Charge with Prior Approval
- Quarterly and Semi Annual Payment Options Available
- Supplementary Payments
- Trial Costs Reimbursement-$500/day up to $5,000 max/per trial
- Medicaid/Medicare Defense Reimbursement up to $30,000 (Not Subject to Deductible)
- State Medical Board Expense Reimbursement up to $25,000 (Not Subject to Deductible)
Physicians & Surgeons Professional Liability in Guam
- Issuing Company: “A” (Excellent) Rated by A.M. Best & Co.
- CLAIMS MADE Incident Reporting Form
- Policy Limits Available up to $1,000,000 / $3,000,000*
- Defense Costs included in Policy Limits
- Prior Acts Available
- 36 Month Extended Reporting Available – 200% of Policy Premium
- Deductible – $0 to $10,000 (Includes Damages & Claim Expense)
- Includes Coverage for Peer Review Committee & Accreditation
- Locum Tenens Available at No Charge with Pre-Approval
- Minimum Premium $3,000
*Possible exception – OB/GYNs and Neurosurgeons may be limited to $500,000 / $1,500,000
depending on practice characteristics and experience.
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