|
The
Service Insurance Program |
Tailored
protection for small businesses in one portfolio.
Our Service Insurance Program provides
outstanding protection for hundreds of types of service businesses. Our
comprehensive insurance portfolio gives you the ability to combine broad property,
liability, commercial auto, and umbrella coverage .
(Refer to complete
classification listing.)
Coverage Highlights
-
Building and
Structures – covers materials, equipment, supplies, additions, and
new construction within 1,000 feet of premises.
-
Appurtenant
Structures included with building limit, 10% of building limit. Max
$25,000.
-
Business
Income and Extra Expense – 12 months’ actual loss sustained; no
waiting period; may be excluded for premium credit.
-
Newly
Acquired or Constructed Buildings – $500,000 with 180 days to
report;
no percentage limitation.
-
Employee Dishonesty - $10,000, increasable up to $250,000 Optional,
limits of $10,000 up to $125,000.
EDP Equipment Coverage – a base
level of protection is built into the policy and includes the option to
increase the level or to schedule high value items.
Glass
Breakage – full coverage; limited coverage ($500 pane/$1,000
occurrence) available for premium credit; property
deductible can be eliminated as an option.
Accounts Receivable Coverage
–
protects you from
losses caused by damage to your re c o rds which prevents
you from collecting money owed you by customers.
Outdoor Property – covers fences and
walls up to $2,500, may be increased up to $250,000; signs up to $5,000,
may be increased up to $100,000; trees, shrubs, plants, and lawns up to
$10,000, $1,000 per item sub-limit.
Back-up of Sewers and Drains –
covered; may be excluded for premium credit.
Tools & Equipment Coverage
– protects you against a
loss concerning owned, borrowed, rented, or leased tools and equipment.
Optional Coverage
- Automobile
-
Boiler & Machinery
- Directors
and Officers – for damages resulting from “wrongful acts” and
reimbursement of loss and claims expenses.
- Additional Insureds
- Umbrella Policy
Workers Compensation
Product eligibility:
Up to $15,000,000 combined building and
personal property values.
Up to $15,000,000 receipts per location.
A per policy minimum of $1,000 for Business
Personal Property is required.
Service Building
owners (lessors risk) may be covered under this program when a minimum of
70% of the building area is occupied by one or more eligible service
tenants.
Ineligible Risks:
Auto Body Shops, Auto Service Stations
(Full Service)
Prohibited
Occupancies:
(Existence of any of these operations at the Insured Location makes the
entire location ineligible)
|
Unprotected Cooking |
Nightclubs |
| Bowling
Alleys |
Manufacturing Operations |
| Welding |
Spray
Painting |
| Operations involving
use of explosives or flammable liquids |
NOTE: This product is not available in all states. |
|
