Business Extender for SMP, BOP and Commercial Fire
Our Business Extender can give the insured that little bit extra that can really make the difference during a claim. For an additional premium (SMP/CF $275 and BOP $225 or about $9-$11 per coverage) twenty-five additional coverages are offered. The extender coverage applies in excess over other coverages contained in your policy.
For reference, here is a sample of our Business Extender coverages:
Added Water Damages – $10,000
Building Ordinance and Law – $50,000
Glass Coverage – $5,000 per occurrence
Information Systems Coverage – $10,000
Off Premises Power Coverage – $5,000
Pollutant Clean Up Coverage – $10,000
Please refer to the business extender form for “What We Pay For” and “What We Do Not Pay For”. Agents, please contact your Underwriter/Underwriter Assistant and insureds please contact your agent, to obtain a copy of the form and/or to discuss the benefits of the Business Extender. We look forward to reviewing with you and we thank you for working with Statewide!
Authors & Contributors: Heidi Hartman, Susan Kochen and Patricia Spaulding