News
We have developed Preferred Manufacturers Pak - "PMP", a
coverage enhancement for manufacturing accounts that contains broad
coverage extensions for product manufacturers.
We are also pleased to announce that as a result of your feedback,
the Specialty Casualty minimum premium has been reduced to $10,000.
PMP Coverage Highlights include:
-
Broadened
Named Insured
-
Five
Different Additional Insureds-blanket by contract or agreement
(Vendors, Managers or Lessees, Lessors of Leased Equipment,
Mortgagee, Assignee or Receiver & Owners from Whom Land is
Leased) along with waiver of subrogation
-
Aggregate
limits by location
-
Medical
Payment-increased limit
-
Product
Design Coverage
-
Non-owned
watercraft–increased length
-
Executive
Officer Re-defined to include managers & supervisors
-
Amendment of
Cancellation-increased time
-
Damage to
Premises rented to You-Increased Limit
-
Knowledge of
Occurrence & Unintentional Errors Omissions
Liberalization Clause- If we adopt any revision that broadens
coverage under this Coverage form within 45 days or during the
policy period at no charge, it will apply to the current policy
-
Increased
Supplementary Payments
-
Extended
Property Damage
Submission email:
casualtyuw@berkleysum.com. Please
contact your Underwriter for further information.
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