London American Unveils New Calif. Small Restaurant Program

June 25, 2003

London American has unveiled a new Small Restaurant program for California.

Written on a non-admitted basis with an A XV insurer, the new program will target independently-owned small restaurants, fast food restaurants, and refreshment stands. The exclusive program is underwritten in-house and is written on a “BOP-like” form.

Program Details:
*New Competitive Rates
*Quick Turnaround (underwritten in-house)
*New ventures acceptable with management experience
*Up to 2,500 Square Feet acceptable with table service
*Up to $500,000 TIV per location available
*Liquor Liability sales up to 35 percent of gross receipts with table service
*Optional Coverages Available: Sign, Employee Dishonesty, Employee Benefits, Catering, Non-Owned Auto, Spoilage-Contamination & Power Outage, Primary Wording, Waiver of Subrogation

Additional Benefits Include:
*Newly Acquired Property (building)
*Newly Acquired Property (contents)
*Accounts Receivable
*Computers
*Demolition & ICC
*Extra Expense
*Fine Arts
*Food Spoilage-Equipment Breakdown
*Money and Securities (In and Out)
*Pollution Cleanup
*Valuable Records Research
*Sewer Backup

For information, contact Greg Liewald at (858) 547-9000 or e-mail at: gliewald@londonamerican.com

Was this article valuable?

Here are more articles you may enjoy.