Broker Referen Guide. Prime Manufacturing. All-in-one Prime coverage for your commercial clients A /13

Transcription

1 Broker Referen ce Guide Prime Manufacturing A /13 All-in-one Prime for your commercial clients

2 The Prime advantage Prime Manufacturing is the innovative solution that lets you customize insurance protection to meet the unique needs of your manufacturing clients. The right choice for brokers The simple choice for clients Prime Manufacturing makes writing new business and servicing existing clients a fast and easy process. Unlike other commercial policies, we deliver unique protection that is: With Prime Manufacturing, commercial insurance is easy for clients to buy, understand and access when they need it. Our streamlined insurance packages offer: Convenient Our all-in-one eliminates the need for multiple insurance policies and reduces the risk of gaps. Expert advice Our insurance specialists Comprehensive Now all of your clients operations can be covered on one convenient policy, including incidental operations for retail, contracting, warehousing, wholesaling and realty. Smooth claims process Clients benefit from Simple Our unique blanket protects all of your clients business assets and equipment there s no need for endorsements throughout the term. ustomized Traditional stand alone C such as group accident, umbrella and equipment breakdown can all be included on one convenient policy and all qualify for 20% commission! understand the special needs and risks of a wide range of businesses within the manufacturing sector. streamlined claims handling via one insurance policy and company in the event of a loss. Simplified Our all-in-one protection eliminates the need for multiple policies and gives your clients one simple policy that s customized to meet their specific needs. Custom Prime Manufacturing lets you customize your clients limits and s by offering the broadest protection in the market.

3 The right Give your manufacturing clients peace of mind knowing they re protected by leading edge s and features. From a full package with optional enhancements, to only select s, you can customize comprehensive protection that s right for your clients. Coverage Blanket property limits Property extensions Privacy breach expense Precious metals Equipment breakdown Production machinery breakdown Reefer breakdown Contractor s equipment and tools Installation floater Benefits As long as total limit is adequate, no coinsurance penalty applies to underinsured individual items. We offer competitive to meet your clients unique needs, including: Signs, interior/exterior glass and EDP equipment Accounts receivable Valuable papers Professional fees Brands and labels Building by-laws Exterior paving Extra expenses Buildings and business contents at newly acquired locations Off premises including sales reps and trade shows Pollution clean-up of land and water on your client s premises Functional replacement cost for buildings and equipment Infestation Stock spoilage Stock contamination Inflation protection (included) Blanket for property errors and omissions, expediting expenses, inspections and approval costs And more! The above s are subject to sub-limit. Covers expenses your client may incur from an accidental loss or an intentional data breach of their customers electronically stored, private or sensitive information. Extends to all risks on precious metals such as gold, platinum and alloys used in your clients business (typically excluded). Close potential gaps in with equipment breakdown insurance that s built right into the property section of your Prime Manufacturing policy. Equipment breakdown insurance covers non-production machinery including ammonia contamination. Cover your clients stationary production equipment with additional for sudden and accidental breakdown. Covers the cost of replacing spoiled stock resulting from a reefer breakdown while at your clients premises or in transit customized limits available. Protect your clients mobile equipment without the need to schedule extra items. Coverage includes: Breakdown Loss of earnings Newly acquired equipment and tools Rental reimbursement Employees clothing and tools Firefighting equipment recharge expense Clean up expenses for land and water pollution Debris removal Reward Covers losses resulting from the installation of your clients product at the project site, in transit and temporary storage.

4 Coverage Business income Crime Liability extensions of Failure to manufacture a product to customer s specifications Product recall Forest and prairie protection acts expenses Manufacturer s errors and omission liability insurance Non-owned automobile Commercial umbrella liability insurance Group accident Loss control services Benefits This comprehensive business interruption protects your clients lost or reduced income until business returns to normal. This is not typically offered to manufacturing operations and offers unique features including: No dollar limit pays your client up to the actual loss sustained, and Protection for the loss of gross profits and extra expenses, including rental value Coverage includes: Newly acquired locations Restricted access Contingent business interruption Accountants fees By-laws additional time required Negative publicity Fines and penalties Off premises utilities Consequential loss Mortgage rate guarantee Automobile disablement Manufacturers product impairment Your clients can also purchase extra protection to cover ordinary payroll. Protects your clients money and securities against: Employee dishonesty Theft inside and outside of your clients premises Receipt of counterfeit currency Depositors forgery Computer theft and funds transfer fraud Money and securities, including employee theft Covers products and broad form completed operations for: Product recall expense Employers bodily injury Employee benefits Tenants legal liability broad form Pays costs to reproduce and recover products that your client s customer has rejected. Pays expenses involved in recalling a product that is, or is thought to be, defective before it can cause damage or bodily injury. Pays the third party expenses that your client is obligated to pay due to legislation. Pays for your client s defence and the financial loss of others caused by the faulty design, improper manufacturing or installation of a manufactured product. Includes: SEF/QEF 94 legal liability for damage to hired automobiles ($50,000) SEF/QEF 96 contractual liability SEF/QEF 99 excluding long term leased vehicle endorsement Offers not provided under the general liability and provides higher limits over automobile and other liability policies. Automatically covers all your client s employees against accidental death and dismemberment, 24/7 world-wide. Your clients will benefit from the experience and expertise of Aviva s highly skilled engineering staff who can provide risk inspections, statutory certification and recommendations on risk management and loss prevention. Information contained in this document is only an outline of available. Actual may vary by province. For exact terms, conditions, exclusions, definitions, limitations and extensions, please refer to final policy wordings. Aviva and the Aviva logo are trademarks used under license by the licensor.

5 Peace of mind for your manufacturing clients Customized is available to a wide range of businesses including your most complex risks and sophisticated manufacturing clients. With Prime Manufacturing, you can feel secure knowing that we understand the special needs and risks of a wide variety of businesses, including (but not limited to): Consumer or retail products Air conditioning, heating and heat pumps Appliances Awnings Building supplies Cameras Carpet and rug Clothing Countertop manufacturing slate, granite, wood Electronics audio, television, video, communications, computers, telephone Film, discs Glass, ceramics, porcelain, pottery Hardware Houseware Jewellery and costume jewellery Leather goods Optical eyeglasses, binoculars, telescopes Paper products (bags, boxes, containers) Plastic products Recreational products hobbies, handicrafts, notions Signs wood, metal, plastic Silk screening Shoes and footwear Soaps, detergents, shampoos Stationary Window coverings Windows and doors wood, metal, aluminum Industrial Brick, clay products Concrete, Redi Mix Concrete products Electrical products Precision equipment Printing Refrigeration Stone products, polishing, grinding Food processors Bakeries Beverage producers (non-alcohol) Breweries and wineries Canning and preserving operations Confectionary Dairy products Fish and seafood processing (fresh) Fruit and vegetables (fresh) Frozen food processing Grain and grain products Meat and poultry packers Microbreweries Pasta Pet food Processors spices, tea, coffee, honey, eggs Snack foods nuts, pretzels, tortilla chips, etc. Syrup maple, fruit, corn or other flavoured syrup processing Metal workers Automobile parts non critical Furniture Heavy metal products manufacturing Light metal products fabrication Machine shops Machinery and equipment Metal workers Metal stamping and forming Metal doors and windows Mould manufacturer Ornamental metalwork Sheet metal worker Tool and die shops Tools hand Structural steel Wood products Building construction components Cabinet manufacturing Door and window manufacturing Furniture (no upholstery, children or infant) General millwork Wooden container manufacturing

6 Underwriting guidelines Aviva protects a wide variety of manufacturing businesses providing the following criteria are met: Your client s primary business is manufacturing and the premises are located in Canada. There are allowable sales in foreign countries and the United States (U.S.) dependant on risk exposure. We cover incidental installation exposure in U.S. provided that: only Canadian employees are used (there is no for U.S. employees), and work is relatively simple and jobs take a relatively short period of time to complete. Your clients must have acceptable claims experience. Clients must have a minimum three years in business and/or three years relevant and transferable experience in a similar operation. There must be documented quality control procedures with records retained requirements vary based on type of product manufactured. There must be documented products recall plans in place requirements vary based on type of product manufactured. Operations must take place in buildings less than 40-years-old, unless building systems and roof were updated, repaired or replaced. Appropriate property protection systems must be active and in place depending on operations (dust collection, sprinkler, alarms, etc.). All other normal underwriting guidelines and criteria apply such as housekeeping, financial stability, age, condition and protection of buildings. Even more You can also enhance your clients with features like: Motor truck cargo covers goods while in transit by your clients or by others and includes: Terminal Vehicle substitution (included) Freight charges Debris removal Warehouseman s legal liability insures property of others held by you under a warehouse receipt and covers: Defense expenses Newly Acquired Location 60 days Unspecified Location Transit Sale and Disposal Storage Rigging and moving covers the property of others being lifted or moved at job sites. Ask your account executive or commercial lines underwriter today about Prime protection that s comprehensive, convenient and customized to meet the needs of your manufacturing clients.

7 Broker Referen ce Guide Prime Warehousing A /13 All-in-one Prime for your commercial clients

8 The Prime advantage Prime Warehousing is the innovative solution that lets you customize insurance protection to meet the unique needs of your warehousing clients. The right choice for brokers Prime Warehousing makes writing new business and servicing existing clients a fast and easy process. Unlike other commercial policies, we deliver unique protection that is: Convenient Our all-in-one eliminates the need for multiple insurance policies and reduces the risk of gaps. Comprehensive Now all of your clients operations can be covered on one convenient policy, including incidental operations for retail, contracting, warehousing, wholesaling and realty. Simple Our unique blanket protects all of your clients business assets and equipment there s no need for endorsements throughout the term. Customized Traditional stand alone such as group accident, umbrella and equipment breakdown can all be included on one convenient policy and all qualify for 20% commission! The simple choice for clients With Prime Warehousing, commercial insurance is easy for clients to buy, understand and access when they need it. Our streamlined insurance packages offer: Expert advice Our insurance specialists understand the special needs and risks of a wide range of businesses within the warehousing sector. Smooth claims process Clients benefit from streamlined claims handling via one insurance policy and company in the event of a loss. Simplified Our all-in-one protection eliminates the need for multiple policies and gives your clients one simple policy that s customized to meet their insurance needs. Custom Prime Warehousing lets you customize your customers limits and s by offering the broadest protection in the market.

9 The right Give your warehousing clients peace of mind knowing they re protected by leading edge s and features. From a full package with optional enhancements, to only select s, you can customize comprehensive protection that s right for your clients. Coverage Blanket limits Warehouseman s legal liability Benefits As long as total limit is adequate, no coinsurance penalty applies to underinsured individual items, including: Pollution clean-up of land and water on your client s premises Functional replacement cost for buildings and equipment Inflation protection (included) And more! Covers property of others held by you under a warehouse receipt and includes protection for: Newly acquired and unspecified locations for your clients property Unpaid storage charges that accrue due to a loss to your clients property Defence costs in the event of law suits or claims Crime Liability extensions of Non-owned automobile Stock spoilage Stock contamination of food products Privacy breach expense Precious metals Infestation Equipment breakdown Production machinery breakdown Reefer breakdown Protects your clients money and securities against: Employee dishonesty Theft inside and outside of your clients premises Receipt of counterfeit currency Depositors forgery Computer theft and funds transfer fraud Money and securities, including employee theft Commercial general liability includes: Products and broad form completed operations Product Recall (pays cost to recall products that are defective or thought to be defective before bodily injury occurs ($100,000 limit higher limits available) Employer s bodily injury Coverage includes: SEF/QEF 94 legal liability for damage to hired automobiles ($50,000) SEF/QEF 96 contractual liability SEF/QEF 99 excluding long term leased vehicle endorsement Covers loss of stock due to a change in atmosphere or temperature resulting from power interruptions. Covers food products contaminated by alteration of the product or by the accidental introduction of a foreign material into the product. Covers expenses your client may incur from an accidental loss or an intentional data breach of their customers electronically stored, private or sensitive information. Extends to all risks on precious metals such as gold, platinum and alloys used in your clients business (typically excluded). Covers losses caused by rodents, insects, bats, raccoons, skunks or other vermin. Close potential gaps in with equipment breakdown insurance that s built right into the property section of your clients Prime Warehousing policy. Equipment breakdown insurance covers non-production machinery including ammonia contamination. Cover your clients stationary production equipment with additional for sudden and accidental breakdown. Covers the cost of replacing spoiled stock resulting from a reefer breakdown while at your clients premises or in transit. (Applies to clients with transportation services)

10 Coverage Business income Contractor s equipment and tools Installation floater Motor truck cargo Automobile disablement Failure to manufacture a product to the customer s specifications Product recall Forest and prairie protection acts expenses Logistical errors and omission liability Commercial umbrella liability insurance Group accident Loss control services Benefits This comprehensive business interruption protects your clients lost or reduced income until business returns to normal. This is not typically offered to warehousing operations and offers unique features including: No dollar limit pays your client up to the actual loss sustained, and Protection for the loss of gross profits and extra expenses, including rental value. Coverage includes: Newly acquired locations Restricted access Contingent business interruption Accountants fees By-laws additional time required Negative publicity Fines and penalties Off premises utilities Mortgage rate guarantee Your client can also purchase extra protection to cover ordinary payroll. Protect your clients mobile equipment without the need to schedule extra items. Coverage includes: Breakdown Loss of earnings Newly acquired equipment and tools Rental reimbursement Employees clothing and tools Firefighting equipment recharge expense Clean up expenses for land and water pollution Debris removal Reward Covers losses resulting from the installation of your clients product at the project site, in transit and temporary storage. Protects clients who provide logistical services including the delivery of goods. Coverage includes: Terminal Location Vehicle Substitution Freight Charges Debris removal This can be purchased and added to your clients existing Prime Warehousing policy. Cover loss of income caused by a commercial vehicle being unavailable for use due to an accident or loss. Pays costs to reproduce and recover products that your client s customer has rejected. Pays expenses involved in recalling a product that is, or is thought to be, defective before it can cause damage or bodily injury. Pays the third party expenses that your client is obligated to pay due to legislation. Pays for your client s defence and the financial loss of others due to an error or omission in a logistical service they provide. Offers not provided under the general liability and provides higher limits over automobile and other liability policies. Automatically covers all your client s employees against accidental death and dismemberment, 24/7 world-wide. Your clients will benefit from the experience and expertise of Aviva s highly skilled engineering staff who can provide risk inspections, statutory certification and recommendations on risk management and loss prevention. Information contained in this document is only an outline of available. Actual may vary by province. For exact terms, conditions, exclusions, definitions, limitations and extensions, please refer to final policy wordings. Aviva and the Aviva logo are trademarks used under license by the licensor.

11 Peace of mind for your warehousing clients Customized is available to a wide range of businesses including your most complex risks and sophisticated warehousing clients. With Prime Warehousing, you can feel secure knowing that we understand the special needs and risks of a wide variety of businesses, including (but not limited to): General merchandise storage, including: Cold storage Farm storage Household goods Warehousing with incidental third-party logistics, including: Freight forwarding Packaging Inventory management Transloading Labeling Order fulfillment Price marking

12 Underwriting guidelines Aviva protects a wide variety of warehousing businesses providing the following criteria are met: Your clients primary business is warehousing and the premises are located in Canada. Your clients must have acceptable claims experience. Clients must have a minimum three years in business and/or three years relevant and transferable experience in a similar operation. Operations must take place in buildings less than 40-years-old, unless building systems and roof were updated, repaired or replaced. Appropriate property protection systems must be active and in place depending on operations (dust collection, sprinkler, alarms, etc.). All other normal underwriting guidelines and criteria apply such as housekeeping, financial stability, age, condition and protection of buildings. Ask your account executive or commercial lines underwriter today about Prime protection that s comprehensive, convenient and customized to meet the needs of your warehousing clients.