Commercial Insurance Coverage Exposure Survey & Recommendations
Situations change over time in business and in the marketplace. Please take a moment to answer the following questions and review the various options below the form. Thank you!
Did You Know…
Most package policies are issued with only basic coverage and can be broadened with a number of endorsements. While some coverages are added by an endorsement, others may be obtained only by issuance of a separate policy. Some of the coverages typically excluded or included at minimal limits in a standard package policy or separate property or liability policy are as follows:
Backup of Sewers & Drains
Water backing up from sewer or drain.
Boiler & Machinery
Mechanical breakdown for equipment and electrical arcing of data processing equipment & media.
Employee dishonesty, theft of money & securities, depositor’s forgery & computer fraud.
Liability arising from the loss, theft or accidental publication of the personal data of others.
Mechanical breakdown & electrical arcing of data processing equipment & media.
Directors & Officers’ Liability
Personal & corporate liability protection for directors & officers regarding decisions made on behalf of the company.
Employee Benefits Liability
Liability resulting from the administration of your employee benefits programs.
Employment Practices Liability
Protection from allegations of discrimination, harassment, wrongful termination, etc.
Damage caused by mud, overflow, seepage, ground water, etc.
If you import or export goods, an International Policy covers many of your property & liability exposures to loss resulting from international operations.
Equipment must be specifically scheduled on a property policy or under a separate inland marine policy.
Acts that are alleged to have caused pollution damage to real or personal property of others. On site pollution coverage is also available.
Professional Liability/Errors & Omissions
If your business performs professional services, a separate Professional Liability policy must be purchased to provide these coverages.
Goods for which you are responsible while in transit.
Provides a higher limit of coverage that is excess over your scheduled underlying policies.
Disclaimer: Coverages illustrated are examples only. This is not an all-inclusive listing of coverages available to you.
Please contact an E & K representative for advice on which coverages best suit your needs.