Philadelphia Insurance Cos. (Nasdaq: PHLY – News) introduced a new product for day spas. Focusing on independently operated facilities, PHLY’s new Day Spa product offers general liability, commercial auto, and property coverage features such as pollutant clean up and removal, personal effects, property of others, accounts receivable, business income and extra expense, ordinance or law, EDP equipment and media, among others.
Eligible day spa operations under the new program include services and procedures such as massages, facials, manicures and pedicures, microdermabrasion, waxing, tanning, hydrotherapy, and much more.
In operation since 1962, PHLY designs, markets, and underwrites commercial property/casualty, personal lines and professional liability insurance products. The company’s commercial lines subsidiaries are rated A+ (Superior) by A.M. Best Company,
Source: Philadelphia Insurance, http://www.phly.com
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