Schaumburg, Ill.-based commercial property/casualty insurer Zurich North America announced the launch of a new coverage endorsement aimed at combining coverages for limited-service, full-service and resort companies in the hospitality and leisure industries.
In a statement, Zurich said the new offering bundles a number of coverages typically available by separate endorsement into a single package. The package combines coverages most commonly requested by companies in the sector such as building ordinance coverage, with those Zurich believes are most important to the leisure and hospitality industries.
Among the coverages offered under the endorsement are: building ordinance; guests’ property; loss or damage to guests’ autos and other property of guests 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.
The endorsement is currently available in 45 states.
Was this article valuable?
Here are more articles you may enjoy.
FEMA Council Backs Overhaul of Disaster Response 
Root Inc. Opens 2026 With Best Quarterly Net Income Ever at Nearly $36M 
Health Officials Downplay Pandemic Risk From Cruise Hantavirus Outbreak 
Michigan Court Sides With Progressive in Policy Misrepresentation Case 
