ELECTRONIC MEDIA AND RECORDS: This coverage pays for income lost due to damage or destruction of your computer or data processing media, equipment or records other than accounts receivables.
EXTENDED PERIOD OF INDEMNITY: This endorsement provides additional coverage for that period of time in which your business re-opens, after a business interruption loss, and until you restore your operations to the conditionthat would have existed had no loss occurred.
EXTRA EXPENSE: This coverage pays for the necessary additional expense of continuing your business operations after an insured loss has caused damage or destructionto your premises. Expenses you would incur if such a loss were to happen include relocation, new phone lines, subcontracting of work, necessary rents, etc.
LEASEHOLD INTEREST: This coverage would protect againstloss should an insured peril damage or destroy the building you are renting and by having to relocate, you would have to pay a substantial rent increase. This reimburses you for the difference in rent.
LOSS OF TUITION: In the event your property were damagedor destroyed by an insured peril, this coverage would reimburse you for loss of tuition income.
MAXIMUM PERIOD OF INDEMNITY: This coverage pays for the actual loss sustained during the period of 120 days following the insured loss. The most that the coverage will pay in the event of damage or destruction to your premises will be $ or the actual loss amount sustained during the first 120 days, whichever is less.
MONTHLY LIMIT OF INDEMNITY: This coverage pays for the actual loss sustained during the time your operations are suspended up to a stated maximum amount for each 30 day period. The maximum amount equals the limit of insurance, times (x) the fraction shown in the policy . This endorsement waives the co-insurance clause.
OFF-PREMISES POWER: This coverage provides payment in the event an off-premises power failure, communication network breakdown or lack of sufficient water supply causes an interruption of business and subsequent loss of income.
RENTAL INCOME: Your rental property is covered against loss to the structure and certain contents. This coverageextends the protection to include reimbursement for rental income lost should that property be rendered uninhabitable,whereas you would receive payment equal to that whichwould have been received had the loss not occurred.
For a Quote call 800-537-7843 or use the form below.