The Standard Program is LMIC's broadest Program and is available for all types and sizes of law firms. It includes "Special" Programs with discounted premiums if your practice is 85% or greater criminal defense, insurance defense, immigration, appellate or arbitration/mediation.
If your practice is 100% criminal defense, click here for our Criminal Law Program II. Arbitration/Mediation, click here.
Prior Acts Coverage available to eligible policyholders.
Limits of Liability range from $100,000 per claim/$300,000 annual aggregate to $5,000,000 per claim/$7,000,000 annual aggregate.
Varying deductible options beginning at $1,000 each claim. (Except for the "Special" Programs, which require a minimum $5,000 deductible)
$50,000 annual Claims Expense Allowance in addition to your policy limits.
"Claims-Free Credits" -- Earn premium credits based upon future "Claims-Free" years with LMIC.
Special Program premiums if practice is 85% or greater criminal defense, insurance defense, immigration or appellate.
Coverage for non-lawyer employees of the Named Insured.
Coverage available for "Of Counsel" to the Named Insured.
Built in "tail" coverage for former partners and/or employees of the Named Insured.
The policy applies to acts, errors or omissions occurring anywhere in the world.
"Tail" coverage options available for 1 year, 3 years, 5 years or unlimited.
Full LMIC member benefits during the policy period, including our ongoing Loss Prevention and Continuing Legal Education Programs and materials.
|
Limits of Liability (Available by approval) |
Per Claim/Annual Aggregate | |
| $100,000/$300,000 | ||
| $250,000/$750,000 | ||
| $500,000/$1,500,000 | ||
| $1,000,000/$3,000,000 | ||
| $2,000,000/$4,000,000 | ||
| $4,000,000/$6,000,000 | ||
| $5,000,000/$7,000,000 | ||
| Per Claim | ||
|
Deductible (Available by approval) |
$1,000 | |
| $2,500 | ||
|
$5,000 (maximum if solo practitioner) |
||
| $10,000 | ||
| $25,000 | ||
| $50,000 | ||
| $100,000 | ||
Note: $5,000 deductible is required for all "Special" Programs: Criminal Law, Insurance Defense, Immigration, Appellate, Arbitration/Mediation.
Principal office must be located in California.
All lawyers to be insured under this policy must be currently licensed to practice law in the state of California by the State Bar of California.
If the Lawyers' Mutual Standard Program looks to be the appropriate Program for you or your firm, click here to download an application to submit to the Company. Final approval is subject to review and underwriting by LMIC of a completed Standard Program Application, including all requested attachments and additional information.
To download the application, you must
have Adobe Acrobat Reader installed on your system. If you don't
have the program, click on the icon below to get your free download.
