L Squared Insurance Agency Blog: first dollar defense
View the latest blog posts from L Squared Insurance Agency.
Monday, May 23, 20161st dollar defense (FDD) is sometimes called a Loss Only Deducible. What ever the name the meaning is the same. Certain professional liability insurers for attorneys and accountants offer this coverage. With FDD the insured is only responsible for the deductible if there is an indemnity payment required on the claim. READ MORE >>
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