Healthcare Professional Liability » Excess Liability Limit Reinstatement

Another unique coverage enhancement for IronHealth's excess Healthcare Professional Liability insureds. For no additional cost, IronHealth provides additional limits in the event of a catastrophic claim or unusual claim volume during a policy year. This option is included for all IronHealth HPL excess policies where IronHealth participates in accordance with the provisions outlined below. Combined with our robust HPL drop down coverage, an excess HPL policy from IronHealth is the “crown jewel” to any HPL insurance program.

Top Layer Reinstatement Provision

• Included in all IronHealth HPL excess policies which are the top layer of the insurance program with a minimum attachment point of $25 million.
• Provides a reinstatement of the insured's IronHealth policy limit (up to $10 million) in the event that the IronHealth layer is exhausted due to claim(s) payments.
• Reinstated limit will not apply to any claim(s) or related claims for which IronHealth made any payment under the original IronHealth policy.
• Reinstated limit will have the same attachment point as the original IronHealth limit – e.g., if the original IronHealth policy attaches at $50 million, the reinstated limit will also attach at $50 million.
• Reinstated limit is available to pay all covered claims (other than any claim(s) for which IronHealth made any payment under the original policy) once the full amount of the underlying insurance program has been exhausted by payment of losses.
• Provided at no additional cost to the insured.
• Original IronHealth excess layer also includes the standard drop down coverage features and risk management allocation (These features are not reinstated along with the reinstated limit.).

Please refer to the actual policy for exact coverage descriptions; exclusions and deductibles may apply. Coverages are subject to policy terms and conditions and may not be available in all states.