Prior Acts coverage refers to how far back in time your professional liability insurance policy covers you for services you rendered to clients.
The Prior Acts date is the inception date of coverage. As long as a policyholder has maintained continuous Errors and Omissions coverage from that date, the E&O policy in place at the time the incident is reported would be responsible for paying any covered claims.
This blog/website is made available by CRES Insurance Services for educational purposes to give you general information and understanding of legal risks and insurance options, not to provide specific legal advice. This blog/website should not be used as a substitute for competent legal advice from a licensed professional attorney in your state. Claims examples are for illustrative purposes only. Read your policy for a complete description of what is covered and excluded.
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