WrightUSA has launched a professional liability product tailored to United States government employees with international exposures. The product – branded as the World Wide Plan – will respond to any allegation of a covered wrongful act – even if the suit is brought outside of the United States, says Glenn Clark, president of WrightUSA.
“Feedback received from various Agencies and individual policyholders indicated a growing concern over the potential of legal actions being brought from outside the United States,” says Clark.
The policy provides a limit of liability ($2,000,000) to cover indemnity and claims expenses arising from allegations of covered wrongful acts brought against the insured. In the event the U.S. Department of Justice declines to defend an insured, the World Wide Plan will provide up to $200,000 in legal expense coverage. This coverage applies civil and criminal proceedings, as well as both formal and informal investigations initiated by the Federal Government against an insured.
The Worldwide Plan is underwritten through an insurance company rated “A-” by A.M. Best.
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