Notice Regarding Retroactive Coverage

If the group’s current policy or any previous policies are claims-made and the group cancels the policy without purchasing an extended reporting endorsement (tail coverage) from that carrier, there will be no coverage for any claim from any act or omission that took place during that period of claims-made coverage. However, your group may apply for a policy with a retroactive date back to the first day of your previous claims-made policy. Retroactive coverage insures the group for claims made for incidents that took place while your previous claims-made insurance was in effect, but that were not brought to your attention until after the effective date of The Doctors Company’s policy.

Retroactive coverage does not cover claims that were filed against the group and/or reported to the previous insurers prior to the effective date of the policy with The Doctors Company. Any claims and all conduct, circumstances, or incidents that could reasonably be expected to result in a claim must be reported to your present carrier prior to the requested effective date of this insurance.