Safety National Casualty Corp., an excess workers’ compensation and provider of large casualty offerings, has introduced Safety National Crisis Protection – a crisis management and extraction benefit provided exclusively for Safety National’s excess and large deductible workers’ compensation policyholders.
This complimentary benefit is accessible to policyholders immediately when a crisis event occurs to help minimize post-crisis risk to the organization, its stakeholders and employees directly involved in the event (including immediate family of the involved employee).
Safety National Crisis Protection is available to Safety National’s excess and large deductible policyholders if their business undergoes a qualifying “domestic crisis event” or “international extraction crisis event.”
A “domestic crisis event” is defined as an event that directly involves the business and involves the death of two or more employees. It is limited to the following man-made events: explosion, arson, bombing, workplace violence, structural fire, and vehicular accident; or the following natural disasters: tornado, explosion, wildfire, structural fire, earthquake and any resulting tsunami, hurricane, and flood. Services related to these events include crisis management and response, public relations and emergency psychological treatment.
An “international extraction crisis event” is defined as an international crisis that directly involves the policyholder’s employees resulting in immediate need for removal from a geographic location to avoid imminent serious injury or death as the result of an existing emergency situation. This is limited to extraction necessitated from the following man-made events: explosion, arson, bombing, riot, government collapse, political unrest, or the following natural disasters: tornado, explosion, wildfire, earthquake and any resulting tsunami, cyclone, typhoon, hurricane, and flood.
Safety National Crisis Protection is available to Safety National’s excess and large deductible policyholders immediately, with an annual, aggregate limit for each complimentary benefit, or any combination of the two, of $50,000.
Safety National is an alternative market insurance provider that offers a range of risk funding products through insurance agents and brokers. Safety National is a member of the Tokio Marine Group.
Topics Catastrophe
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