Orange County NC Website
FORTRESS <br /> SENT VIA CERTIFICATE OF MAILING <br /> September 26,2014 <br /> Rachel Anne Gregg Sigmon, DDS Policy Number: 3017314 <br /> 4045 Cleburne Court Renewal Date: 12/1/2014 <br /> Haw River, NC 27258 <br /> Agency: Asset Protection Group, Inc <br /> Phone Number: (804)423-7700 <br /> SUMMARY OF CHANGES TO YOUR NORTH CAROLINA FORTRESS PROFESSIONAL LIABILITY POLICY <br /> This notice is to inform you of the changes made to the Fortress Dental Professional Liability insurance policy. <br /> Such revisions will take effect upon the renewal date of your Fortress policy. We would like to take this <br /> opportunity to review your policy changes. This summary is intended to provide general information concerning <br /> your insurance policy and is not complete. All coverages are subject to the limits of liability,conditions and other <br /> terms of the policy form and endorsements. <br /> Please read this notice carefully to understand the changes that have been made to your policy. If you have any <br /> questions, please contact your Fortress agent. Your agent will provide you with a copy of your new Fortress <br /> policy along with your renewal documents shortly. <br /> PREMIUM NOTICE <br /> Your renewal premium will be$817.00. You will be invoiced approximately 30 days prior to the effective date of <br /> your new policy term. <br /> SUMMARY OF POLICY CHANGES <br /> The Fortress policy can be issued to an individual (Fortress Individual Policy)or a corporate entity(Fortress <br /> Entity Policy)as defined in the policy and outlined on the Declarations Page. Please see the revisions to the <br /> Fortress policy outlined in each section below. <br /> Sectia 1.Coverage Aafeemefif - -- — —• The consent to settle provision no longer contains the condition that the named insured must be a <br /> current Fortress insured to exercise their right to consent to settle. <br /> • The policy clarifies that Fortress has the right, but not the duty,to appeal any judgments,findings, <br /> orders or rulings. <br /> _Section Il.Supplementary Payments (New section specific to a Fortress Individual Policy) <br /> • The policy will pay$250 per day in actual lost wages, not to exceed$5,000 in any policy period,for <br /> attendance at trial or depositions, other than his/her own.This benefit has been expanded to include <br /> depositions other than his/her own and been increased by$50 per day. <br /> • The First Aid Expenses have been increased from$5,000 to$10,000. <br /> Section Ill. Persons Insured(This sections replaces the Protected Parties section of existing oolicY) <br /> ■ The definition of an Additional Insured Entity(ies)has been modified to provide coverage only to a <br /> named insured's sole shareholder entity. If the sole shareholder entity becomes a multi-shareholder <br /> entity, coverage will be afforded as outlined in the policy. <br /> CN-NC(01/14) <br />