Hospitality and Leisure

April 18, 2005

Nuts & Bolts:
Zurich North America launched a new endorsement that combines coverages for limited service, full service and resort companies in the hospitality and leisure industries. It bundles a number of coverages typically available by separate endorsement including: building ordinance; guests’ property; loss or damage to guests’ autos and other property in their autos; lost master key/key-card coverage; customer inconvenience remuneration expense; expediting expense; food contamination; spoilage; fire extinguisher systems expense; merchandise withdrawal expense; services; and delivery errors and omissions.

Dollars:
Provides four levels of limits for each of the following types of coverages: customer inconvenience, employee dishonesty, expediting expense, extortion coverage, food contamination, lost master key, spoilage, trees, shrubs and plants, computer fraud. Customers may purchase all coverages for $25,000 limit per coverage, $50,000 limit per coverage, $75,000 limit per coverage or $100,000 limit per coverage.

Carrier:
Zurich American Insurance Co. rated “A” by A.M. Best, admitted.

States Available:
All except Virginia.

Contact:
Jim Merva, (847) 413-5410.