What is an Extended Reporting Rider or a “tail?
An extended reporting rider or “tail” allows you to stop your policy, but still have coverage for future claims that are made based on events that occurred during the time period your policy was inforce. A “tail” protects you for practice activities during the time that your policy was in force. If you retire, or if you become disabled or die, the “tail” is offered to you at no cost.
