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Confiscation, Expropriation, Nationalization, and Deprivation Insurance
Political Risk coverage protects companies against the financial loss (e.g., an extraordinary write-off) of an investment/asset due to: confiscation, expropriation and nationalization of assets, willful destruction of assets, and passage of new laws that make the business environment unfriendly for foreign investors.
Insurance Industry News from ProgramBusiness.comSocial Service Program Enhancements
Storefront owner Irwin Siegel Agency, Inc. (ISA) has further enhanced their Social Service Insurance Package to meet the needs of today’s provider agencies. Enhanced coverage and options include: Upgrade to Green Endorsement, Youth Accident Coverage and an Enhanced Property Form.
Upgrade to Green® Programs ease the financial burden while enabling a commercial property policyholder to rebuild the insured property and replace select damaged or destroyed personal property with products that embrace sustainability principles and reduce the overall impact of the building on the environment.
Youth Club Accident Protection is designed for clients who focus on the growth and development of children such as ,Boys & Girls Clubs, Big Brothers Big Sisters and Head Start programs. Standard General Liability insurance provides coverage to some youth exposures, but Youth Accident Coverage is designed to protect individual participants in case of injury, or accidental death.
Accidental Death & Dismemberment coverage limits of $5000 or $10000
Aggregate limits available up to $50,000
Accidental Medical Expense Benefit of $25000/excess 52 weeks period
Enhanced Property Form offers optimum flexibility as well as increased limits for your clients insurance policy. This form is generated to improve your client’s current coverage and focus on unique risks specific to the field of social service organizations.
Room Reserve Coverage for residents $5,000 on occurance/$25,000 annually
Lock Replacement coverage of $10,000
Undamaged Leasehold Improvements coverage limit of $50,0000
Virus and Hacking coverage $25,000
Interruption of Computer Operations $10,000
AK, CA, FL, LA is on non admitted paper
Irwin Siegel Agency, Inc. offers innovative and competitive insurance solutions for provider agencies within the social service, developmental disabilities, addiction treatment, nonprofit and mental healthcare fields. ISA programs are available exclusively through independent agents and brokers.
For more information, visit their storefront at www.programbusiness.com.
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