Nuts & Bolts:
Zurich North America launched a new endorsement that combines coverages for limited service, full service and resort companies in the hospitality and leisure industries. It bundles a number of coverages typically available by separate endorsement including: building ordinance; guests’ property; loss or damage to guests’ autos and other property in their autos; lost master key/key-card coverage; customer inconvenience remuneration expense; expediting expense; food contamination; spoilage; fire extinguisher systems expense; merchandise withdrawal expense; services; and delivery errors and omissions.
Dollars:
Provides four levels of limits for each of the following types of coverages: customer inconvenience, employee dishonesty, expediting expense, extortion coverage, food contamination, lost master key, spoilage, trees, shrubs and plants, computer fraud. Customers may purchase all coverages for $25,000 limit per coverage, $50,000 limit per coverage, $75,000 limit per coverage or $100,000 limit per coverage.
Carrier:
Zurich American Insurance Co. rated “A” by A.M. Best, admitted.
States Available:
All except Virginia.
Contact:
Jim Merva, (847) 413-5410.
Was this article valuable?
Here are more articles you may enjoy.
MMA Alleges Broker Patriot Poached 11 Surety Team Members
AI Savings Misses ‘Should Be Making Executives Uncomfortable,’ Bain Says
Hedge Funds Are Expanding Desks Designed to Profit From Natural-Catastrophe Risk
South Carolina Jury Finds Store Owner Not Guilty of Murder in Shooting of Teen 


