Policyholder Pulse
Judgment Preservation Insurance (JPI), also sometimes referred to as Judgment Protection Insurance, has become both more requested and available in recent years. As more plaintiffs seek ways to protect court judgments, more insurers are prepared to assume the risk of insuring such risks and so have entered the market and expanded capacity. As a result, what was formerly a niche insurance product has, of late, been more widely discussed and considered by prospective policyholders, raising the question of whether your company should consider JPI if you win a substantial sum in a trial court.