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A policy to protect, a duty to defend...The Lawyer Liability Program.
This premium professional liability insurance program for lawyers and law firm professionals is sold by only a very limited number of insurance companies. Law firms both large and small trust the 43 years of insurance advisory experience of Walnut to ensure that they are properly protected from the exposures inherent to the practice of law.
The benefits of the Lawyers’ Professional Liability Insurance Program include:
• Payment of defense costs in addition to policy limits. • Policy limits up to $5,000,000/$5,000,000. • Loss only deductible (you are not responsible for payment of defense costs).
• Deductible options to lower your premium. • Policy year aggregate deductible (you pay the deductible only once). • Firms ranging from (1) to (25) attorneys in size.
• ERP (tail) options (1 year; 2 years; 3 years; unlimited). • ‘Duty to Defend’ language that guarantees your protection. 
• Broadly defined policy terms such as ‘Insured’, ‘Professional Services’, ‘Claim’ and others.
• Coverage for errors, omissions, claims, potential claims and incidents. • Prior acts coverage. • Innocent partner coverage. • Defense in disciplinary proceedings, with no deductible.
• Consent to settle clause (insurance company must get yourpermission before settling a claim). • Worldwide coverage.
• Reimbursement for appearance at depositions, trial, arbitrations or mediations in connection with insureds’ defense. • Expert loss control advice.
• Coverage and defense panel counsel consultation available.
• Any activity which an attorney would perform in his/her practice of law is covered by this policy, including when acting as an arbitrator, mediator, notary, trustee, fiduciary or title agent.
• The strongest security available in the United States (Rated A+ Superior XV by A.M. Best).
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ABOUT WALNUT
The Walnut Advisory Corporation is the Underwriting and Policy Issuing MGA that Retail Insurance Brokers across the country rely upon for the highest standards of professional integrity, financial responsibility and process efficiency. As a Specialty Niche Market for many premium quality insurance products, we have remained committed for the past 43 years to providing the most stringent professional standards to our customers.
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History / Why Walnut / Contact Walnut / Products and Services
Pricing stability, customer service and class of business expertise enable The Walnut Advisory Corporation to deliver broad, comprehensive products, expert underwriting, pricing stability and fast customer service to empower attorneys' to protect their practice and brokers to build their books of business. The products and services of The Select Group, The Old South, and
The Western Prairie Brands enables insurance brokers to increase writings through the Knowledge, Financial Strength
and Market Presence of The Walnut Advisory Corporation, tempered by 43 Years of Insurance Advisory Experience.
What can 43 Years of Insurance Advisory Experience Do For Your Business?

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  The Walnut Advisory Corporation / 40 Technology Drive Suite 2e Warren NJ 07059/ 800.247.1064 /info@walnutadvisory.com
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