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Carrier |
Rated A+ / XV by AM Best (Admitted) |
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Limits of Liability |
Up To $25,000,000 Per Occ. / $25,000,000 Agg. |
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SIR |
$0 |
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Minimum Premium |
Varies |
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Eligible Entities |
- Family Restaurants
- "White Tablecloth" Restaurants
- "Take Out" Restaurants and Franchises
- Banquet Facilities
- Caterers
- Private Dining Clubs
- Bakeries
- Theme Restaurants
- "Fast Food" Restaurants
- Cafeterias
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Requirements |
Completed application. All underlying insurance carriers must be rated A- /VII or better by AM Best. (Excess AL and EL may be excluded if appropriate underlying insurance is not purchased.)
GL - $1MM / occurrence and $2MM aggregate (Must be written with a "per location" aggregate)
AL - $1MM for owned, (GL endorsement for) hired, and non-owned.
EL - $500K accident / $500K aggregate / $500K disease
Liquor - $1MM per occurrence / $1MM aggregate
EBL - $1MM per occurrence / $1MM aggregate |
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Compensation |
Premiums are quoted net to broker |
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Special Features |
Silo Aggregates
Policy limit applies per location |
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"Follow Form" Coverage (Where Applicable) |
Follow Form: Automobile liability; Employee Benefits Liability; Liquor Liability; Garagekeepers Legal Liability & Garage Liability (provided on exception basis only, request by agent required); All Aggregate Application (including per location aggregate); Designated Premises (provide coverage for any location insured by a primary policy of insurance scheduled on Umbrella policy) |
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General Information |
Clients in the program do not share limits; each client in the program is provided with its own policy and policy number. |
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Written concurrently with the underlying General Liability. We do not require proration onto a Master Policy date. |
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For other coverages and exclusions, please see our application and policy forms. The policy is the controlling instrument. |
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"Follow Form" coverages are subject to the insured carrying required minimum primary limits with acceptable underlying carriers and other acceptable underwriting criteria. No drop down provision. |
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Rate indications provided are subject to completed applications, Quotes are not provided without thoroughly completed applications. |