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Presented by Sterling & Sterling, Inc. Riskpronet Programs Presentation.

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Presentation on theme: "Presented by Sterling & Sterling, Inc. Riskpronet Programs Presentation."— Presentation transcript:

1 Presented by Sterling & Sterling, Inc. Riskpronet Programs Presentation

2 Human Services Industry Practice

3 Eligible Risks Outpatient Facilities – Mental and/or Behavioral Health Including: Addiction counselors/interventionists, auricular acupuncture, case workers, health educators, marriage and family therapists, personal coaches, rehabilitation counselors, social workers, wellness counselors. EAP’s – Employee Assistance Professionals Hired by employers for the purpose of offering an assessment and referral service for employees with respect to behavioral health.

4 Ineligible Risks Residential Medical doctors Nurses Psychologists Recreational exposure Methadone clinis Prison exposures greater than 20% Applicants working with sex offenders, greater than 20% Applicants with a felony conviction within the past 5 years Applicants that have ever been convicted of violent felonies or sex abuse crimes Applicants requesting coverage for 1099 workers whom also provide services elsewhere Managed Care exposures

5 Coverages Comprehensive General Liability Carrier: ACE American Insurance Company $1,000,000 Per Occurrence $3,000,000 Aggregate $1,000,000 Personal & Advertising Injury $1,000,000 Products Completed Operations $ 100,000 Damage to Premises Rented to You Professional Liability Carrier: ACE American Insurance Company $1,000,000 Per Occurrence $3,000,000 Aggregate

6 Family Entertainment Center Insurance Program

7 Eligible Activities Location Based FECs, whose activities include, but are not limited to  Video Arcades  Miniature golf centers  Soft Play  Bumper Cars  Driving Ranges  Bowling  Inflatable Rentals  Stand Alone Bowling Centers Go-karts Laser tag Kiddie Rides Bumper Boats Paintball Water slides Ice Skating Rinks Roller Rinks Risks that Require Referral Mechanical Bull – Bungee rides – Trampolines

8 Ineligible Activities Hang Gliding Parasailing Traveling Rides Bungee Jumping Sky Diving Parachuting Skateboarding Hot Air Balloons Luge Night Clubs/Disco Velcro Jumps tobogganing These Activities Represent Automatic Declination

9 Coverages Comprehensive General Liability Carrier: Interstate Fire and Casualty ISO CGL Occurrence Form $1,000,000 Per Occurrence $2,000,000 General Aggregate Per Location $1,000,000 Products/Completed Operations per Occurrence $1,000,000 Personal/Advertisers Liabilty per Occurrence $1,000,000 Auto Non-Ownership $1,000,000 Employee Benefits Liability $ 2,500 Self Insured Retention (with higher and lower limits available) Umbrella Liability Carrier: Lexington Insurance Company $5,000,000 Per Occurrence $5,000,000 Aggregate Per Location Excess over General Liability limits and $ 500,000 Employer’s Liability $1,000,000 Automobile Liability Umbrella Enhancements: Additional Insured Endorsements Blanket of Waiver of subrogation 60 Days Notice & Knowledge of Occurrence Unintentional Errors & Ommissions Sexual Abuse/Molestation not excluded Pollution exclusion covers hostile fire

10 Coverages Property Insurance Carrier: Employers’ Fire Insurance Co. Covers:Real Property - including improvements & Betterments Personal Property - including EDP equipment Loss of Income - including Rental Value & Extra Expense Scheduled Property Floater Loss of Income:Specified Limit Equipment Breakdown:Included Property Enhancement Endorsement:Included Employee Dishonesty:$5,000, $10,000, $25,000 Monies & Securities:$5,000, $10,000, $25,000 Perils:Special causes of Loss, including back-up of sewers & drains Flood$500,000 Except in Tier 1, Flood Zones A Earthquake$500,000 Except in Tier 1, Flood Zones A Valuation: Replacement Cost Coinsurance:80% or agreed Value Deductible:$1,000 Real & Personal Property Crime$500 (increases if higher limit selected) Sched Prop Floater$500 Windstorm5% windstorm in Tier 1 Counties/Locations Flood & Quake$25,000 each

11 Coverages Accident Insurance Carrier: National Union Fire Insurance Co. Covers All Customers/Attendees on the premises of a Policyholder Facility. Accident Medical/Dental Expense- $ 10,000 Accidental Death & Dismemberment (AD&D)- $ 10,000 Aggregate (applies to AD&D only)- $100,000 Deductible None This policy can absorb the Self Insured Retention costs that may be incurred as a result of medical only claims that would fall under the General Liability policy.


13 Eligible Classes Habitational Classes: Residential Condo Associations Residential Apartments Town Home/townhouse Associations Cooperative Apartments Commercial Classes: Office Buildings Shopping Centers and strip Malls Light industrial and warehouse Lessor’s Risk Only Special Consideration for: Hotel/Motel/Casino and Resort exposures

14 Ineligible Classes Referrals Restaurants Golf Courses Marina or Marine Partially Subsidized or low- income housing Senior Housing Vacant buildings Schools Over 25 Stories Kick Outs Assisted living facilities 100% Subsidized or low income housing

15 $100M Excess Over: General Liability Auto Liability Employers Liability Directors & Officers (for non-profit condo and co-operative boards) And more… Program Offerings

16 Carriers and Limits Flexible “tower” options for all spectrum of needs. Admitted Tower: $25M – Chubb $25M XS $25M Fireman’s Fund $25M XS $50M Ace $25M XS $75M Chubb Tower Advantages: Full Admitted Carriers Follow Form Lead up to $50M Follow Form Mold up to $100M Non-Admitted Tower 1: $10M – American International Specialty Lines $25M XS $10M Lexington $15M XS $35M Fireman’s Fund $25M XS $50M Lexington $25M XS $75M Navigators Non-Admitted Tower 2: $15M – Catlin $20M XS $15M Lexington $15M XS $35M Fireman’s Fund $25M XS $50M Lexington $25M XS $75M Navigators Tower Advantages: Follow Form Lead up to $100M Silent on Mold up to $15M Flexible Coverages and Pricing

17 COMING SOON $5M limit options $200M in Limit Capacity Online quote and bind system

18 Reduce Risk.Spend Less.

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