Don’t miss the Business of Practice Webinar, Demystifying the Mental Health Billing Process: Legal and Ethical Financial Practices -Thursday, November 20th. Register Now!

logo

Special Discounts for Psychologists

Protecting Psychologists with Affordable Coverage

As a leading provider of professional liability insurance for psychologists, we are committed to keeping essential protection accessible and affordable. That’s why we offer a range of discounts designed to meet the evolving needs of today’s professionals.

Beyond coverage, we deliver added value through exclusive access to experts and expert-led risk management resources. From our Advocate 800 Program, providing direct guidance from licensed psychologists; to ongoing continuing education opportunities, every resource is aligned with protecting our professional community.

Our goal is simple: to support you in safeguarding others, while we safeguard you.

Professional Liability Policy Discounts

15% Risk Management Continuing Education Premium Discount for two consecutive renewal periods:

15%
5%

Continuing Education Premium Discount for one year1: Completing 4 hours of CE from an APA approved organization.

35%

Premium discount for part-time work of 20 hours or less per week (annual per week average).

5%

Premium discount for having both professional liability and business office insurance with The Trust.

4-15%

Premium discount for group practices of 3 or more practitioners.

Pre-licensure Professional Liability Policy Discounts

Psychologists with pre-licensure status are eligible for the following discounts:
35%

Off your first year

25%

Off your second year

15%

Off your third year

Switching to The Trust from Another Provider

10%

Premium discount for psychologists who switch their professional liability coverage from another insurer to The Trust Sponsored Professional Liability Insurance Program.

.

*$111 is the annual cost for first year claims-made coverage at the $1/mil/$3mil level in rate area B.This premium reflects a 35% newly negotiated transitional pricing discount applicable only to new graduates while in the pre-licensure stage.

** Insurance provided by ACE American Insurance Company, Philadelphia, PA and its U.S.-based Chubb underwriting company affiliates. Program administered by Trust Risk Management Services, Inc. The product information above is a summary only. The insurance policy actually issued contains the terms and conditions of the contract. All products may not be available in all states. Chubb is the marketing name used to refer to subsidiaries of Chubb Limited providing insurance and related services. For a list of these subsidiaries, please visit new.chubb.com. Chubb Limited, the parent company of Chubb, is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index.