The Public Servants Defense Agency (PSDA) has broadened coverage available to retirees allowed to carry firearms under the Law Enforcement Officer’s Safety Act (LEOSA). As a result of this product enhancement, PSDA’s LEOSA Self-Defense Plan provides both defense and indemnity protection in the event of a covered loss.
“PSDA’s LEOSA Self-Defense Plan has been enhanced to include indemnity protection,” said Glenn Clark CPCU and president of PSDA. “The product already provides expert legal defense in the event of a covered loss. If the verdict goes against the policyholder, we will also pay judgments or settlements dictated by the court – including punitive or exemplary damages. Obviously, these payments are subject to the policy’s limit of liability.”
The LEOSA Self-Defense Plan offers liability limit options of $100,000 and $250,000. All retirees authorized to carry firearms under the Law Enforcement Officer’s Safety Act of 2004 are eligible for the coverage.
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