Who Pays the Tail?
Tail coverage extends claim reporting under an ended claims-made policy. The employment agreement may assign the cost to the employer or physician.
Answer five questions
The checklist compares your policy form, policy owner, contract clause, departure, and tail offer.
The departure conditions decide who pays
A later claim from earlier care needs tail coverage under the old policy or accepted prior-acts coverage under the new policy. Compare the actual departure with each condition in the clause.
Complete these tasks before coverage ends
- Apply the actual departure to each condition that changes the cost assignment.
- Use the condition for voluntary resignation and record the final covered work date.
- Get the written tail offer and acceptance deadline before current coverage ends.
- Keep evidence that the employer policy names you and states the coverage end date.
- Keep the declarations page, agreement clause, written tail offer, and final work date together.
Related calculator: Review filed tail factors
Keep the documents with the result
Save the result with the declarations page, tail clause, written offer, final work date, and acceptance deadline.
If the clause is conditional, mark the fact that activates each condition.