The Background Screeners' Plan is an insurance program specifically designed for high-quality, professional Background Screening firms who adhere to the provisions of The Fair Credit Reporting Act, when providing employment and background screening services to their clients.

Broad, occurrence-form coverage is provided, on the best General/Professional Liability Policy on the market today – INCLUDING coverage for Identity Theft committed by Employees, for which the Named Insured is held legally liable. (Employees do have access to the confidential information, when screening others!)

Coverage

• Occurrence Form – Covers events that occur within the policy period, regardless of when the Claim is Filed!
• General Liability – Basic premises/operations coverage
• Professional Liability – Errors & Omissions coverage, including financial loss
• Assault & Battery
• Personal Injury – False arrest, libel & slander, invasion of privacy
• Vicarious Liability – for all intentional/criminal acts of employees for which the insured is held legally liable
• Contractual Liability – Coverage for liability assumed under contract
• Blanket Additional Insured – Blanket coverage for all clients that require Additional Insured status in their contracts
• Independent Contractors – Covers the Named Insured’s liability, for acts of an Independent Contractor
• Accidental Death Benefit – $25,000 per employee, in the event the employee dies while performing his/her job

Limits

• $1,000,000 per occurrence & $2,000,000 aggregate
• Higher limits are available

Deductible
$2,500 per claim

Premium

• Minimum Premium: $2,500
• Premiums are based on prior revenues, with no Audits

Insurance Company
Lexington Insurance Company, which is rated A ("Excellent") Class XV ("$2 Billion or greater") by A.M. Best Company, Inc.