Tax Insurance

Insurable Risks:

• Tax-free reorganizations and spin-offs
• Taxable spin-offs
• Availability/utilization of net operating losses
• Tax credits (investment, production, historic, low income, R&D, etc.)
• Tax status (S-corps, REITs)
• 409A and other deferred compensation issues
• State and local tax issues
• FIRPTA

Capacity:

• Up to $50M in capacity is available
• Secured by a consortium of Syndicates at Lloyd’s of London which currently enjoys an A+ rating from Standard & Poor’s, AA- from Fitch and A from A.M. Best; and reputable domestic carriers with strong ratings

Key Highlights:

Ethos offers commercial terms and pricing coupled with responsive service:

• Risks located in the U.S. or Canada
• Retentions typically $150,000-$250,000 for contest/defense costs
• Premium typically between 2% and 5% of the total limits purchased
• Policy periods of up to 10 years
• Coverage for loss that includes additional taxes, interest, penalties, contest/defense costs and gross up (income tax on the insurance proceeds)