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Policy Highlights
Contact:
April Young (301) 961-9805
April.S.Young@schinnerer.com
Minimum Premium: $2,500
Availability: In all states and the District of Columbia
Target Risks: U.S. based businesses with 5 - 500 employees and annual worldwide revenues up to $500 million that have employees who work and/or sell products overseas
Program Features:
- Commercial General Liability (GL)
- Auto
- Employers Responsibility
- Executive Assistance Services
- Commercial Property and Business Income Coverage
- International Medical and Accidental Death and Dismemberment (AD&D) insurance
- Kidnap & Extortion
Coverages/Limits Features:
Commercial General Liability (GL): There may be gaps in coverage when employees travel overseas, international coverage helps avoid those risks.
- $1 million per occurrence BI/PD and per claim for employee benefits liability
- $2 million aggregate for products-completed operations
- $1 million aggregate for personal & advertising injury
- $1 million premises damage each occurrence
- $10,000 medical expense limit per person
Commercial Auto Liability: Businesses operating in other countries often buy, lease or rent vehicles for use by traveling employees. This optional coverage protects financial assets.
- $1 million each accident, combined BI/PD single limit
- Hired and non-owned physical damage limit $25,000 per accident/$25,000 per policy period
Employers Responsibility: Covers employees for foreign voluntary compensation and medical evaluation, providing timely assistance when it is needed most.
- Voluntary compensation: statutory worker’s comp benefits
- Employer’s liability: $1 million BI to employees for accident or endemic illness
- Medical evacuation/repatriation: $1 million
- Coverage available for U.S. nationals, third country nationals and local nationals
Executive Assistance Services: Includes assistance for:
- Medical
- Travel
- Personal
- Legal
- Security
Commercial Property and Business Income Coverage: International businesses face property exposures of all types and sizes. Coverage includes:
- Personal property at any unnamed location: $50,000
- Personal property in transit: $50,000
International Medical and Accidental Death & Dismemberment (AD&D) Insurance: True 24-hour protection for overseas travelers.
- $25,000 per covered persons
- $1.5M aggregate limit
Kidnap & Extortion: companies face a growing kidnapping risk. Our protection provides:
- Extortion/Ransom: $50,000 each loss, no annual aggregate
- Kidnap and Extortion expenses: $50,000 each loss, no
annual aggregate
- Legal costs: $50,000 each loss, no annual aggregate
- Other coverages include: in transit extortion/ransom money lost, detention expenses, medical, death or dismemberment, incident response
Policy highlights in a printer-friendly format.
Apply now: To apply for coverage, complete our International Advantage Application and send it to your broker. If you do not have a broker, give us a call at (301) 961-9800 for the name of a broker near you.
This information is for illustrative purposes only and is not a contract. It is intended to provide a general overview of the plan described. Please remember only the insurance policy can give actual terms, coverage, amounts, conditions and exclusions. Program availability and coverage are subject to state regulatory approval.
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