Enhancements, including state act coverage for marinas, boat yards and boat builders that work exclusively on recreational vehicles less than 65 ft. have been introduced to LIG Marine Managers longshore programs. LIG Marine Managers has announced significant enhancements in its WC/Longshore programs for the marine market, including state act coverage only. LIG Marine Managers’ program enhancements include: No minimum Longshore payroll percentages; mono-line state act coverage for marinas, boat yards and boat builders; and down payments as low as 20 percent. Traditionally, Longshore was only available to businesses that had a minimum of 10 percent Longshore payroll, which excluded a large percentage of marine businesses from having coverage. With the latest enhancements in the program, LIG Marine Managers now provides this coverage to the marine industry. The minimum premium for this program is $15,000.
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