What is Tail Coverage
& Do I Need It?
Join PRMS’ full service psychiatric malpractice insurance program without purchasing tail coverage!
What is it? Tail coverage applies to claims-made policies and allows you to report claims after the policy has been cancelled for claims that occurred during the coverage period. PRMS® can transfer your retroactive date (the first date of coverage on your old policy) to a new PRMS policy, accepting all of the risk and providing you with continuity of coverage.
In other words, you do not need tail coverage to switch to PRMS!
If you have a claims-made policy, we will pick up your existing retroactive date. If you have an occurrence policy, you do not need tail coverage at all.
Access these free resources about tail coverage today!
To learn more about how easy it is to switch to PRMS and to receive a personalized quote, complete and submit the form below.