Policy Definitions

Actual Cash Value Valuation

This valuation method pays for the cost to repair or replace damaged property with like kind and quality, less reasonable deductions for wear and tear, deterioration and economic obsolescence.

Agreed Value Valuation

This coverage is used to remove the coinsurance requirement for covered property. With it your company agrees that the amount of coverage purchased is adequate, and any coinsurance requirements are waived if the limit of insurance equals the agreed value.

Automobile Liability

This coverage is used to protect against claims alleged for bodily injury and property damage arising from the ownership, maintenance or use of any covered auto.

Automobile Medical Payments

This coverage will reimburse, without regard to your liability, all reasonable medical expenses incurred by persons as a result of bodily injury sustained by accident as defined in your policy.

Automobile Physical Damage

This coverage is used to protect the covered vehicle itself. It pays for physical damage loss that results from a covered peril.

Broad Form Products Coverage

This endorsement is used to provide coverage for property damage to products you sell in excess of a $250 deductible. It is needed because standard forms exclude losses that arise out of defects that exist at the time a product is sold or transferred to another.

Broadened Coverage Endorsement

This endorsement is used to modify the Garage policy to include several liability coverages not provided under the standard form. These include Fire Legal Liability, Personal Injury, Host Liquor Liability, Incidental Malpractice, Nonowned Watercraft, Additional Persons Insured, Automatic Coverage for Newly Acquired Business, and Limited Worldwide Products coverage.

Collision Coverage

This coverage is used to insure against loss or damage to a covered vehicle resulting from collision or upset.

Combined Single Limits

Combined single limit coverage specifies that regardless of the number of covered autos, insureds or claims occurring in any one accident, the most that you can recover is the limit of liability shown on the policy’s declaration page. This includes damage associated with bodily injury, property damage and pollution costs or expenses.

Comprehensive Perils Coverage

This coverage is used to insure against loss or damage to a covered vehicle resulting from loss excluding collision or upset.

Deductible

The deductible provision specifies the amount that will be deducted from any payment made to you because of a covered loss.

Drive Other Car Coverage

This endorsement is used to protect employees or other specified individuals when they borrow or rent cars for personal use, and do not have the protection of a Personal Auto policy.

Garage Broadened Coverage Endorsement

This endorsement is used to modify the Garage policy to include several liability coverages not provided under the standard form. These include Fire Legal Liability, Personal Injury, Host Liquor Liability, Incidental Malpractice, Nonowned Watercraft, Additional Persons Insured, Automatic Coverage For Newly Acquired Business, and Limited Worldwide Products coverage.

Garage Liability

This coverage is used to insure against liability claims arising out of your garage operations including the use of automobiles. Coverage also applies to your products or completed operations exposures subject to a deductible per claim

Garagekeepers Coverage

This insurance is used to insure against claims arising out of damage to vehicles owned by others which are left with you for storage, service, safekeeping or repair.

Hired Automobile Coverage

This coverage is used to protect against claims arising out of the use of vehicles leased, hired, rented, or borrowed by you, while in the course of business. Note that this coverage does not apply when vehicles are leased, hired, rented, or borrowed from one of your employees or a member of your household.

Medical Payments

This coverage is used to pay for medical expenses incurred by a covered person injured while driving or riding in your automobile. It provides coverage, regardless of fault, for all reasonable medical costs incurred for up to one year from the date of the accident. It does not cover injury to employees.

Non-Owned Auto Liability

This coverage is used to provide you with liability protection for autos you do not own, lease, hire, rent, or borrow while they are being used in connection with your business operations.

Personal Injury Protection (No-Fault)

This coverage is used to provide medical expenses as well as work loss, funeral expenses, essential services expenses and survivor’s loss coverage as outlined in your state’s statutory No-Fault laws.

Pollution Transportation Coverage

This endorsement is used to extend your auto policy to cover liability arising out of sudden or non-sudden release of pollutants that are being transported, towed by, handled, stored, disposed of or processed in or upon a covered vehicle. However, coverage is not provided for any liability assumed under contract, or for some types of government ordered testing or cleanup operations.

Rental Reimbursement

This coverage is used to pay for rental charges incurred if you temporarily lose the use of your vehicle(s) due to a covered loss.

Sound Equipment Coverage

This endorsement is used to provide coverage for electronic equipment that receives or transmits audio, visual or data signals other than equipment designed solely for the purpose of reproducing sound.

Specified Causes Of Loss

This coverage will insure against loss to a covered vehicle resulting from fire, explosion, theft, windstorm, hail, earthquake, flood, malicious mischief or vandalism, and the sinking, burning, collision or derailment of any conveyance transporting the covered auto.

Split Limits of Liability

You are covered up to the “per person” limit for injuries to one individual and to the “per accident” limit for injuries to two or more persons, plus a separate “per accident” limit for all damage to property.

Uninsured/Underinsured Motorist

Uninsured and Underinsured Motorist coverage protects you and your passengers against bodily injury expenses if you are hit by another driver who has no automobile liability insurance or has less than the minimum limits required by your state.

Employee Dishonesty Bond – Blanket Basis

This bond covers losses sustained by you due to fraudulent or dishonest acts of employees. The policy covers loss of money, securities or other property real or personal due to such acts. It covers loss caused by one or more employees up to the face amount of the bond.

Forgery Or Alteration Coverage

This coverage protects you against loss due to the forgery or alteration of checks, bank drafts, promissory notes, or other similar financial instruments drawn against your bank account. It does not however cover dishonest acts of your employees, which must be insured with Employee Theft Coverage.

Theft Of Money And Securities – Inside The Premises

This coverage is used to insure against loss of money and securities caused by theft, disappearance, or destruction while located inside your premises or banking premises. It also covers damage to premises resulting from actual or attempted theft. It insures only money and securities and not other types of property.

Theft Of Money And Securities – Outside The PremisesThis coverage is used to insure against loss of money and securities or other property caused by theft, disappearance, or destruction while located outside your premises in the care and custody of a messenger or armored motor vehicle

Advertising Liability

This coverage is used to insure against claims of libel, slander, product disparagement, piracy, infringement of copyrights, etc., that arise out of the advertising of your goods, products, or services. This would include material placed on the Internet or on similar electronic means of communications.

Audit Premium

The proposed premium is based on the following estimates of annual exposures. They are subject to audit after expiration of the policy.

Broad Form Property Damage Coverage Including Completed Operations

This coverage is used to modify the General Liability policy’s “care, custody or control” and “workmanship” exclusions so that these provisions will only apply to that particular part of the work that causes damage (premises/operations) or damage to completed work that results from your own work or operations (completed operations.)

Claims-Made Form

This coverage will provide protection for only those claims reported or first made during the policy period or during any previous period that is stated in the Prior Acts or Retroactive Date option of your policy. This option allows you to keep coverage in force under consecutive Claims-Made policies.

Contractual Liability

This coverage is used to insure against bodily injury and property damage claims arising out of the liability of others that you assume in an “insured contract” as defined in the policy.

Coverage/Limits Adequate For Products/Completed Operations

Your policy allows separate limits of liability for premises, products/completed operations and personal injury coverages. It is important that a careful review of your policy limits be made to ensure that no restrictions of coverage or lowering of limits are present.

Deductible

The deductible provision specifies the amount that will be deducted from any payment made to you because of a covered loss.

Directors And Officers Liability

This insurance is used to insure against claims arising from the negligent acts, errors, or omissions alleged to have been committed by present or former directors or officers of your corporation.

Employee Benefits

Although not normally thought of as a standard risk management review item, employee benefits can be an extremely important exposure for your business. At minimum, we recommend that a general review be conducted of your health, life and disability exposures to determine if adequate coverage is being provided for you and your employees.

Employee Benefits Liability

This coverage is used to insure against negligent acts, errors or omissions committed by you or any person for whose acts you are legally responsible for while engaging in the management of your company’s employee benefit plans.

Exclusion For Damage To Work Performed By Subcontractors On Your Behalf

This endorsement is used to eliminate coverage for property damage to your completed work that arises out of work performed by a subcontractor on your behalf.

Fire Damage Liability

This coverage is used to insure against you legal liability that arises out of fire damage to structures rented to you or temporarily occupied by you with permission of the owner.

Hired Automobile Coverage

This coverage is used to protect against claims arising out of the use of vehicles leased, hired, rented, or borrowed by you, while in the course of business. Note that this coverage does not apply when vehicles are leased, hired, rented, or borrowed from one of your employees or a member of your household.

Host Liquor Liability

Your policy provides limited host liquor liability protection if you do not sell, manufacture, or distribute alcoholic beverages as a business. Additional restrictions may also be included in your policy and should be reviewed to ascertain whether additional coverage may need to be written.

Intellectual Property Enforcement Insurance

This coverage protects you against the infringement by others of your intellectual property. It reimburses you for your legal expenses when you have to enforce specified patents, trademarks or copyrights against infringers. It also covers any additional legal costs you may incur when your patents, trademarks or copyrights are challenged by a countersuit for validity.

Internet Liability Policy

This insurance is used to protect against claims arising from failure to protect private or confidential information of customers, prevent the transmission of computer viruses to customers, and the failure to provide access to authorized users.

Liability Limits Explained

The PER OCCURRENCE limit is the maximum amount available for claims arising out of any one occurrence. The GENERAL AGGREGATE limit is the maximum payable amount for all claims during the policy year arising out of occurrences, except products and completed operations claims. The PRODUCTS AGGREGATE limit is the maximum amount available for products and completed operations claims.

Limits Adequate To Include Medical Payment Costs

As part of your risk management program, a careful review of your aggregate limits of liability should be done to determine if they are adequate. This is important since your policy deducts the cost of medical payments from this aggregate when loss occurs. These payments can be as great as those associated with liability claims, which can substantially reduce the limits available for liability payments.

Liquor Liability Coverage

This coverage protects organizations whose businesses involve the manufacturing, distributing, selling or serving of liquor. This is needed because standard General Liability policies exclude coverage for such activities.

Marine Legal Liability Coverage

This coverage is used to insure the various bailment exposures for which you might be responsible. These include repairs, alterations, maintenance, restoration, storage, mooring of ships, launching or hauling, fueling and any miscellaneous servicing done in conjunction with these operations.

Medical Payments

This coverage will reimburse, without regard to your liability, all reasonable medical expenses incurred by persons as a result of bodily injury sustained by accident as defined in your policy.

Non-Owned Auto Liability

This coverage is used to provide you with liability protection for autos you do not own, lease, hire, rent, or borrow while they are being used in connection with your business operations.

Occurrence Form

This form provides coverage for claims arising out of an accident which results in bodily injury or property damage neither expected nor intended. The form covers such claims that occur during the policy period irrespective of when the claim is made against you.

Personal Injury Liability Coverage

This coverage is used to extend your General Liability policy to include protection against claims alleging false arrest, libel, slander, malicious prosecution, wrongful entry or wrongful eviction.

Premises/Operations Coverage

This coverage is used to insure against claims arising out of your ownership, maintenance or use of premises including any operations that are in progress.

Products/Completed Operations Coverage

This coverage is used to insure against claims arising out of bodily injury and property damage that results from products you have sold, manufactured, handled, distributed or disposed of; or for work you have performed, provided that the accident occurs away form premises you own or rent.

Professional Liability Insurance

This coverage is used to insure against loss resulting from your acts, errors or omissions that arise out of the performance of those professional services that are scheduled on this policy.

Retroactive Date

This date is used to specify, in a Claims-Made policy, the extent of coverage that is available for claims that occur prior to the inception of the policy in effect at the time such claims are made. If a claim is made for damage that occurred before the retroactive date, the policy will not respond, even though all other requirements of the policy have been met.

Vendors Coverage

This endorsement is used to extend products coverage to include vendors of the insured product. Its purpose is to provide additional protection above standard Products Liability limits, or to afford at least limited coverage where the availability or cost of Products Liability insurance is prohibitive

Accounts Receivable Coverage

This coverage is used to reimburse you for customer accounts that are rendered uncollectible because of loss by a covered peril.

Actual Cash Value Valuation

This valuation method pays for the cost to repair or replace damaged property with like kind and quality, less reasonable deductions for wear and tear, deterioration and economic obsolescence.

Agreed Value Valuation

This coverage is used to remove the coinsurance requirement for covered property. With it your company agrees that the amount of coverage purchased is adequate, and any coinsurance requirements are waived if the limit of insurance equals the agreed value.

Bailees Customers Goods Floater

This policy is used to insure against loss to property of others that is in your possession, regardless of your legal liability. It is needed since standard Property and General Liability policies limit or exclude exposures of this kind.

Basic Causes Of Loss Coverage

This coverage is used to provide protection for the following causes of loss: fire, lightening, explosion, windstorm, hail, smoke (except from agricultural smudging or industrial operations), aircraft, vehicles, riot, civil commotion, vandalism, sprinkler leakage, sinkhole collapse and volcanic action.

Blanket Insurance

This coverage allows for a single limit of insurance to apply to two or more property items at one location, or to two or more kinds of property at several locations, instead of a specific amount applying to a specific subject of insurance. It allows you to shift property values with no impairment of recovery, as long as the total amount of insurance carried complies with the coinsurance requirement stated in the policy.

Broad Causes Of Loss Coverage

This coverage is used to provide protection for the following causes of loss: fire, lightning, explosion, windstorm, hail, smoke (except from agricultural smudging or industrial operations), aircraft or vehicles, riot, civil commotion, vandalism, sprinkler leakage, sinkhole collapse, volcanic action, breakage of glass, falling objects, weight of snow, ice or sleet (except for damage to gutters, downspouts or personal property outside of buildings), and limited water damage.

Coinsurance

A policy may contain a coinsurance clause requiring that the limit of coverage be a minimum percentage (usually 80%) of the insurable value of your property. If the amount of insurance carried is less than what is required by this clause, any claim payment may be reduced by the same percentage as the deficiency. For example, covered property worth $100,000 may require a minimum of 80%, or $80,000, of coverage for compliance with the policy’s coinsurance requirement. If only $60,000 of coverage is carried (25% less than the required $80,000), than any loss payment would be reduced by 25%.

Computerized Equipment

This provision extends your policy to include coverage for loss to electronic equipment as specified in the form.

Deductible

The deductible provision specifies the amount that will be deducted from any payment made to you because of a covered loss.

Dies, Patterns And Molds Floater

This policy is used to cover your dies, molds and patterns or similar property while on your premises, in transit or on the premises of others. It covers when you, as a manufacturer or processor, send out dies, molds or patterns to subcontractors in connection with your work.

Employees Tools Coverage

This endorsement is used to extend coverage to protect the tools of your employees while used in their jobs. It is needed since their personal policies exclude coverage for tools used in business.

Equipment Leased, Rented Or Borrowed From Others

This coverage provides automatic protection for unscheduled equipment that is leased, rented, or borrowed from others as specified in the form.

Equipment Leased, Rented Or Loaned To Others

This coverage extends your policy to protect your scheduled equipment when it is temporarily leased, rented, or borrowed by others.

Equipment Rental Reimbursement

This coverage is used for reimbursement of expenses you incur to rent substitute equipment when such rental is made necessary by loss or damage to an insured item caused by a covered peril.

Exhibition Floater

This policy is used to provide coverage for equipment, stock or other property, while it is publicly exhibited or displayed. Standard Property policies often limit or exclude coverage for these exposures.

Fine Arts Floater

This coverage is used to insure works of art or other items of historical value or rarity including pictures, paintings, statuary, rare books, and antiques. The policy protects against loss arising from any cause not specifically excluded up to the limits specified for each covered item.

Flood Insurance

This coverage is used to provide protection against loss due to water damage arising from flooding, surface water, tides, tidal waves, and the overflow of any body of water.

Fungus, Rot And Bacteria Coverage

This coverage is used to pay for damage caused by fungus, wet rot, dry rot, or bacteria that results from a covered cause of loss up to the limits specified in the form. It also includes coverage for any resulting loss of business income or extra expenses you may incur up to the specified period of time stated in the form.

Installation Floater

This policy is used to cover materials and supplies during transit to, or installation at, a covered job site. Coverage ends when the contractor’s or purchaser’s interest ceases, whichever occurs first.

Motor Truck Cargo Coverage

This policy is used to insure specified property against direct loss while in-transit on a covered vehicle. The policy insures such property for the stated perils and within the territorial limits as described in the form.

Ocean Marine Cargo Coverage

This policy is used to provide coverage for property you ship overseas while within the described territory and for the limits and perils declared on the form.

Replacement Cost Valuation

This loss valuation method pays for the cost to repair or replace damaged items with like kind and quality without deduction for depreciation. This is important since you could face a substantial loss if you must replace property at today’s prices but receive only the depreciated value of the property that was destroyed.

Salesmens Samples Coverage

This policy is used to insure against loss of samples or catalogs while in the custody of your sales representatives or principals when they are acting in the scope of their job description.

Scheduled Equipment Coverage

This coverage is used to insure scheduled items for the amount listed in the policy. Additional equipment you wish covered must be reported to the company for coverage to be effective.

Sign Floater

This insurance is used to provide coverage for scheduled neon, fluorescent, automatic or mechanical electrical signs or lamps listed in the policy.

Special Causes of Loss Coverage

This coverage will protect covered property against direct loss arising from any cause not specifically excluded. The advantage of this form is that the insurance company must prove that a loss is specifically excluded in order to deny coverage under the policy.

Tools and Equipment Floater

This policy is designed to cover your mobile equipment while it is stored on premises, in transit or at temporary locations or jobsites. Larger equipment items are specifically scheduled with separate amounts of insurance applying to each covered piece. Miscellaneous smaller items are grouped under a single blanket limit subject to a maximum value for any one item per loss.

Transportation Floater

This policy is used to cover your property while in transit to you or while enroute to your customer by common carrier. The form provides coverage when a carrier’s limit of liability is exhausted, or when the carrier is not responsible because loss is caused by a peril, or for limits not covered under a released bill of lading.

Trip Transit Coverage

This policy is used to provide coverage for goods you ship on a one-time basis.

Valuable Papers and RecordsThis policy is used to cover valuable papers and records including books, maps, films, drawings, abstracts, deeds and manuscripts, either on a blanket or scheduled basis. Coverage includes the actual cost of materials and any additional expenses necessary to reproduce these records.

Actual Cash Value Valuation

This valuation method pays for the cost to repair or replace damaged property with like kind and quality, less reasonable deductions for wear and tear, deterioration and economic obsolescence.

Basic Causes Of Loss Coverage

This coverage is used to provide protection for the following causes of loss: fire, lightening, explosion, windstorm, hail, smoke (except from agricultural smudging or industrial operations), aircraft, vehicles, riot, civil commotion, vandalism, sprinkler leakage, sinkhole collapse and volcanic action.

Broad Causes Of Loss Coverage

This coverage is used to provide protection for the following causes of loss: fire, lightning, explosion, windstorm, hail, smoke (except from agricultural smudging or industrial operations), aircraft or vehicles, riot, civil commotion, vandalism, sprinkler leakage, sinkhole collapse, volcanic action, breakage of glass, falling objects, weight of snow, ice or sleet (except for damage to gutters, downspouts or personal property outside of buildings), and limited water damage.

Building Ordinance Or Law Coverage

Your Property policy includes some limited protection for increased costs of construction due to the enforcements of laws that arises from a covered loss. This coverage is limited to the damaged portion of a covered structure with a maximum limit of $10,000 or 5 percent of a covered loss. This endorsement can be used to broaden this basic verbiage to include protection for three additional coverage exposures: Coverage A – payment for the value of the undamaged part of a building when a building code requires its demolition following a partial loss. Coverage B – coverage for the expense of demolishing the undamaged portion of a building damaged by an insured peril including the cost of removing the debris. Coverage C – coverage for the increased costs of construction resulting from enforcement of construction or building laws. This coverage applies to both the damaged and undamaged portions of the structure.

Buildings

Building coverage provides protection for permanent structures listed on the policy. Completed additions, permanently installed fixtures, machinery and equipment, outdoor fixtures, owned personal property used to service, repair or maintain the building and additions under construction or repair are all included in this definition.

Business Income Including Extra Expense

This coverage is used to insure against loss of business income (including any continuing normal operating expenses) that you sustain due to the necessary suspension of your business operations. To be covered the suspension must be caused by a direct physical loss of or damage to property at the premises described in your policy and for which a business income limit of insurance is shown. Under this form, extra expenses are included and rental values can be added as an option. An extended period of indemnity provision is also included to provide coverage after you resume operations until your business returns to normal levels of activities, up to the time period specified in the form.

Coinsurance

A policy may contain a coinsurance clause requiring that the limit of coverage be a minimum percentage (usually 80%) of the insurable value of your property. If the amount of insurance carried is less than what is required by this clause, any claim payment may be reduced by the same percentage as the deficiency. Example of coinsurance at 80%

Building Value	Insurance Carried	Loss	Insurance Pays
100,000	70,000	60,000	52,500

Formula: Did Carry = 70,000

Should have carried = 80,000 X Loss = 52,500 – 7/8 paid

(100,000 x 80% coinsurance)

Extra Expense Coverage

This coverage pays for the necessary additional expenses needed to continue business when a covered loss damages or destroys insured property.

Flood Insurance

This coverage is used to provide protection against loss due to water damage arising from flooding, surface water, tides, tidal waves, and the overflow of any body of water.

Fungus, Rot And Bacteria Coverage

This coverage is used to pay for damage caused by fungus, wet rot, dry rot, or bacteria that results from a covered cause of loss up to the limits specified in the form. It also includes coverage for any resulting loss of business income or extra expenses you may incur up to the specified period of time stated in the form.

Improvements And Betterments

This coverage is used to extend your Property policy to insure against loss of specified alterations or additions that you have made in the building you rent or lease. This is important because these improvements become the property of the building owner and you may not be compensated for their destruction after a covered loss without this coverage.

Monthly Limit Of Indemnity Option

This Business Interruption option will suspend your policy’s coinsurance clause but limits the amount of your recovery to the monthly percentage shown in your declarations page.

Personal Property

This coverage protects personal property owned by your firm and used in your operations. Furniture and fixtures, equipment and machinery, raw stock, and finished goods all fall within this category. Personal property of others while located in your covered building or within 100 feet of the premises can also be insured. Contents located off premises are not covered and must be insured by alternate methods.

Protective Safeguards Endorsement

This endorsement is a warranty in the policy that all specified protective safeguards will be operational at all times unless you notify your carrier of the impairment. Failure to do so will suspend coverage until the protection is restored. This endorsement does allow shut-down in specific emergency circumstances.

Replacement Cost Valuation

This loss valuation method pays for the cost to repair or replace damaged items with like kind and quality without deduction for depreciation. This is important since you could face a substantial loss if you must replace property at today’s prices but receive only the depreciated value of the property that was destroyed.

Special Causes of Loss Coverage

This coverage will protect covered property against direct loss arising from any cause not specifically excluded. The advantage of this form is that the insurance company must prove that a loss is specifically excluded in order to deny coverage under the policy.

Spoilage Coverage

This endorsement is used to insure against loss to perishable stock when caused by a change in temperature or humidity that results from mechanical breakdown, contamination or power outage. Please note that coverage for these additional perils must be indicated on the form for it to be activated and includes protection for both on premises and off premises power sources.

Systems Breakdown Coverage Form

This insurance is used to protect against loss or damage to covered property that results from mechanical breakdown, electrical damage, explosion of a boiler, or other covered events as specified in the form.

Utility Services – Direct Damage Coverage

This coverage is used to insure against property damage that results from an interruption of services by a facility that provides you with power, water or communications when caused by a covered peril.

Vacancy Clause

This property policy provision activates when buildings you own are vacant for more than 60 days. When this occurs, coverage is suspended for loss to insured property that results from vandalism, sprinkler leakage, glass breakage, water damage, and theft. For loss by other perils, payments will be reduced by 15%. Buildings are considered vacant when they do not contain enough contents to conduct customary operations or, in the case of building owners, when 30% or more of the building is not rented.

Excess Policy

This form provides higher limits of coverage for only those hazards covered by your primary policies. No coverage exists if it is not included in your underlying schedule.

Self Insured Retention

This value represents the amount of damages and/or legal costs that you must assume (retain) before your insurance protection becomes payable.

Umbrella Policy

This form provides a higher limit of coverage that is excess over scheduled underlying policies. It is used in one of three ways: (1) to provide additional limits of protection over the coverage listed in your underlying schedule, (2) to act as primary coverage if your underlying limits are exhausted, and (3) to provide coverage for some risks, subject to a retention, when your primary coverage does not.

Audit Premium

The proposed premium is based on the following estimates of annual exposures. They are subject to audit after expiration of the policy.

Dividend

Annual insurance costs may be reduced for certain qualified coverage lines by a “dividend”. The amount of such a return will be based on the earned premium and incurred losses you experience during the policy year. Please note, dividends are not guaranteed and are payable out of surplus at the discretion of the insurance company.

Employers Liability

This coverage will pay all sums that you are legally obligated to pay because of bodily injury by accident or disease sustained by any employee arising out of their employment. This coverage is distinct from any Workers Compensation policy claim.

Foreign Coverage

This endorsement is used to extend the policy to cover employees who are temporarily working or traveling in a foreign country

Longshore And Harbor Workers Coverage

This coverage is used to protect employees engaged in maritime employment or employed, in whole or in part, on navigable waterways in the United States including piers, terminals, docks and other areas used for loading or unloading, or repairing of vessels.

Maritime Coverage

This endorsement is used to extend the policy to include claims by crew members employed on American vessels.

Officers, Owners Or Partners (Excluded)

The Workers’ Compensation policy allows you to exclude coverage for any executive officer, partner or owner of a company. When excluded, such individuals will not be afforded the protection provided under this coverage.

Statutory Workers’ Compensation

This coverage is used to comply with the Workers’ Compensation Coverage required by your state law. Under this requirement, an employee can be compensated if they are injured while working for you, regardless of your negligence as an employer.