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All businesses or individuals in any industry who are involved in a breach of contract dispute where a prevailing party provision exists in the contract or state statute are eligible.
Policies must be purchased within the first 12 months litigation. However, the cost of coverage is least expensive if purchased during the first 60 days of the initial filing/service of complaint.
Settlements, default judgments, voluntary dismissal, stipulation, or cases originally filed in arbitration or mediation are not eligible under the Contract Litigation Insurance policy.