No

Commercial lines — platinum property broadening endorsement

The Hanover’s platinum property broadening endorsement is part of our suite of property coverage offerings designed to help fully protect your commercial package property (CPP) and monoline property clients. Further customize the 65+ coverages and enhancements with amendable limits for unique protection.

COVERAGE

LIMITS

COVERAGE

LIMITS

Additional covered property

Included

Money orders and counterfeit money

$50,000

Brands and labels

Included

Newly acquired/constructed property — building

Newly acquired — business personal property

$2,000,000

$1,000,000

Broadened building coverage

Included

Newly acquired locations — BI/EE

$250,000

Broadened business personal property coverage

Included

Non-owned detached trailers

$50,000

Building limit — inflation guard

Included

Ordinance or law

$500,000

BI/EE from dependent properties

$250,000

Pollutant clean-up and removal

$150,000

Catastrophe allowance

$50,000

Preservation of property

90 days

Computer and funds transfer fraud

$25,000

Preservation of property — expense

$100,000

Consequential loss to stock

Included

Property in transit

$150,000

Contract penalties

$100,000

Property off premises

$200,000

Debris removal

$250,000

Prototypes

Included

Denial of access to premises

Included

Rewards — arson, theft, vandalism

$100,000

eCommerce

$25,000

Sales representatives aamples

$50,000

Electronic data processing equipment

Included

Seasonal increase — business personal property

Included

Employee theft including ERISA compliance

$150,000

Sewer backup

Included

Employee tools and work clothing

$25,000

Soft costs

$50,000

Expediting expense

$50,000

Temporary relocation of property

$100,000

Extended business income

180 days

Tenant glass

$25,000

Extended coverage on property — w/in 2,000 feet

Included

Tenant relocation

$50,000

Extra expense

$300,000

Theft damage to building

Included

Fire protection equipment recharge

Included

Transit business income and extra expense

$100,000

Food contamination

— Including additional advertising expense

$25,000

$3,000

Undamaged tenants improvements and betterments

$100,000

Forgery and alteration

$50,000

Underground water seepage

$150,000

Foundations and underground pipes

Included

Unintentional property reporting errors

$500,000

International air shipments

$50,000

Unnamed locations

$200,000

Inventory and loss appraisal

$300,000

Utility services — direct damage

Utility services — business income

$100,000

$100,000

Key replacement and lock repair

$20,000

Voluntary parting

$100,000

Lease cancellation

$50,000

Water damage, other liquids, powder or molten material damage

$50,000

Leasehold interest — tenants

$250,000

Windblown debris

$10,000

Marring and scratching

Included

Worldwide property off premises

$100,000

Money and securities

$50,000

   

Coverages included within a $1,000,000 blanket limit of insurance:

Accounts receivable, deferred payments, fine arts, fire department service charge, movement of property, outdoor property, personal effects and property of others, research and development documentation, valuable papers and records (other than electronic data).

Contact your local underwriter or sales manager and visit us on Agent Solutions to learn more.


114-1856 (9/14)     LC 14-149

 

No

Commercial lines — platinum property broadening endorsement

The Hanover’s platinum property broadening endorsement is part of our suite of property coverage offerings designed to help fully protect your commercial package property (CPP) and monoline property clients. Further customize the 65+ coverages and enhancements with amendable limits for unique protection.

COVERAGE

LIMITS

COVERAGE

LIMITS

Additional covered property

Included

Money orders and counterfeit money

$50,000

Brands and labels

Included

Newly acquired/constructed property — building

Newly acquired — business personal property

$2,000,000

$1,000,000

Broadened building coverage

Included

Newly acquired locations — BI/EE

$250,000

Broadened business personal property coverage

Included

Non-owned detached trailers

$50,000

Building limit — inflation guard

Included

Ordinance or law

$500,000

BI/EE from dependent properties

$250,000

Pollutant clean-up and removal

$150,000

Catastrophe allowance

$50,000

Preservation of property

90 days

Computer and funds transfer fraud

$25,000

Preservation of property — expense

$100,000

Consequential loss to stock

Included

Property in transit

$150,000

Contract penalties

$100,000

Property off premises

$200,000

Debris removal

$250,000

Prototypes

Included

Denial of access to premises

Included

Rewards — arson, theft, vandalism

$100,000

eCommerce

$25,000

Sales representatives aamples

$50,000

Electronic data processing equipment

Included

Seasonal increase — business personal property

Included

Employee theft including ERISA compliance

$150,000

Sewer backup

Included

Employee tools and work clothing

$25,000

Soft costs

$50,000

Expediting expense

$50,000

Temporary relocation of property

$100,000

Extended business income

180 days

Tenant glass

$25,000

Extended coverage on property — w/in 2,000 feet

Included

Tenant relocation

$50,000

Extra expense

$300,000

Theft damage to building

Included

Fire protection equipment recharge

Included

Transit business income and extra expense

$100,000

Food contamination

— Including additional advertising expense

$25,000

$3,000

Undamaged tenants improvements and betterments

$100,000

Forgery and alteration

$50,000

Underground water seepage

$150,000

Foundations and underground pipes

Included

Unintentional property reporting errors

$500,000

International air shipments

$50,000

Unnamed locations

$200,000

Inventory and loss appraisal

$300,000

Utility services — direct damage

Utility services — business income

$100,000

$100,000

Key replacement and lock repair

$20,000

Voluntary parting

$100,000

Lease cancellation

$50,000

Water damage, other liquids, powder or molten material damage

$50,000

Leasehold interest — tenants

$250,000

Windblown debris

$10,000

Marring and scratching

Included

Worldwide property off premises

$100,000

Money and securities

$50,000

   

Coverages included within a $1,000,000 blanket limit of insurance:

Accounts receivable, deferred payments, fine arts, fire department service charge, movement of property, outdoor property, personal effects and property of others, research and development documentation, valuable papers and records (other than electronic data).

Contact your local underwriter or sales manager and visit us on Agent Solutions to learn more.


114-1856 (9/14)     LC 14-149