Tail Coverage

ISMIE Mutual Insurance Company Coverage Map:

Coverage available in all 50 states on an admitted and non-admitted basis.

Flexible Tail Coverage

A Reporting Endorsement, commonly known as “tail” coverage, is available at the termination of your professional liability policy. To be protected under tail coverage, the claim or suit must result from professional services rendered on or after the retroactive date, but before the policy non-renewal of your policy. ISMIE uses tail factors that apply to expiring annual premium, rather termination date.

Tail coverage is a one-time purchase, which you must request in writing within thirty days of termination or non-renewal of your policy. ISMIE uses tail factors that apply to expiring annual premium, rather than to mature annual premium. The premium can be paid via a three-year installment plan, if desired. Specific rates for reporting endorsements are not included in our standard rate charts because various underwriting criteria may affect your particular tail premium. For specific tail rates for your policy, please call our underwriting division at 800-782-4767, fax 312-782-2023 or email.

Free Retirement Tail Coverage

We will offer free retirement tail coverage to any physician at any age as long as he or she has been insured with ISMIE for 10 consecutive years. We will also offer free retirement tail coverage to physicians who have been insured with ISMIE for a minimum of five consecutive years and who are at least age 55.