CPAGold™ Policy Enhancements
Client Notification and Consultants Costs
CPAGold™ will reimburse you up to $50,000 for the cost of hiring a third party consultant or adviser to mitigate the potential of legal liability claims arising from any security breach which results in the loss or theft of confidential client information. This coverage is not subject to the deductible. Coverage may be increased up to $500,000/$1,000,000 via the enhanced Cyber coverage endorsement.
Supplemental Claims Expenses Coverage
In the event the aggregate limit of liability is exhausted by payment of loss or defense costs under this policy and there remain any unresolved or outstanding claims, CPAGold™ will reimburse you for an amount equal to 10 percent of the limit of liability up to a maximum amount of $250,000 for defense costs incurred by you in handling defense of such unresolved or outstanding claims. This coverage is not subject to the deductible.
Discriminatory Complaint Regulatory Coverage
CPAGold™ will reimburse you for attorney fees and other reasonable costs or fees paid to third parties as a result of a discrimination complaint filed with a government body or commission. This coverage is not subject to the deductible.
Legal liability arising from Cyber perils is now part of the policy, including Network Security and Denial of Service attacks up to the full policy limit.
Not For Profit Directorships Coverage
CPAGold™ will reimburse you up to $25,000 per Policy Period for legal liability arising out of your activities as a Director or Officer of a Not-for-Profit Organization that is not a client. This coverage is not subject to the deductible.Increased limits are available via endorsement.
Reputation Protection Coverage
CPAGold™ will reimburse you up to $10,000 per claim / $50,000 per Policy Period for reasonable fees, costs, and expenses incurred by you for consulting services provided by a public relations firm approved by us to you in response to a Reputation Claim. This coverage is not subject to the deductible.