Travelers has introduced a new product for the hotel industry. The company said it recognized that the hotel industry has unique insurance needs, especially as many hotels and resorts continue to expand their service offerings beyond general lodging. The product is designed to provide property, general liability, auto, workers compensation, and excess liability coverages for business class, resort, family and leisure hotels.
Also available are coverages specific to the hotel industry, including:
* Hospitality errors and omissions coverage that offers protection for hotel exposures such as failure to provide a service;
* Personal grooming services liability for hotel salons, spas and other personal services;
* Guest’s property (or innkeepers liability) for the property of guests in the care, custody and control of the insured;
* Bond and financial product options such as cime coverage, employment practices liability, directors and officers liability, general partnership liability and fiduciary liability.
Coverage is available for small and mid-sized businesses through Travelers Commercial Accounts IndustryEdge suite of coverages for mid-sized businesses and through Select Account for smaller hotels.
For more information call 860-277-2104.
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