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This supplemental insurance covers incidents that occurred during the "active" period of a claims-made policy but are not brought as claims against an insured, nor reported to the insurer, by the time the claims-made policy has been terminated. Needed at various times including when leaving a claims-made carrier, upon the decision to change claims-made carriers, at the time of retirement, or due to death or total disability of the member. Tail coverage is purchased from an insured's previous claims-made carrier.

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โˆ™ 2006-04-21 01:57:23
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Q: What is tail coverage?
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Cost of tail coverage?

The cost of tail coverage is typically around $200.00 monthly. For a medical practice that has been around for a long time it will usually cost about $50,000 all together for tail coverage.


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NO! Tail allows you to continue to report claims that the policy period, but does not extend the policy period.


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