Professional Program Insurance Brokerage in Novato, Calif., has announced new reduced rates for retro coverage for MediSpas coming off of another carrier. The premium charge is now subject to market practicalities and how many years of retro coverage clients are requesting.
All policies package the full general and professional liability, and in most states the property coverage can also be included. Policy limits are available up to $3 million/$1 million and there is the option for an additional $1 million/$1 million in their new in-house excess facility.
These programs can be accessed by agents, MGAs and wholesalers. Commission is payable at 10 percent.
For information on the program, visit www.medispa-ins.com.
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